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Thursday, July 19, 2007 3:46:42 PM
Look at chart....
You'll notice that GRSR broke above the 50 day MA (blue line), and it might be just consolidating here until blue line comes up to reach new trading range, then it will move up to next level.
An example of this can be seen back in Dec. 2006 whne GRSR last broke above the 50 day MA...began using that line as a support line. 50 day MA looks to be hitting .40 tomorrow so i would test the low .40's as entry, but by early next week it will move up to next level. of cousre 10K release will change everything.
You'll notice that GRSR broke above the 50 day MA (blue line), and it might be just consolidating here until blue line comes up to reach new trading range, then it will move up to next level.
An example of this can be seen back in Dec. 2006 whne GRSR last broke above the 50 day MA...began using that line as a support line. 50 day MA looks to be hitting .40 tomorrow so i would test the low .40's as entry, but by early next week it will move up to next level. of cousre 10K release will change everything.
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