CGUD instant analyst
Daily Opinion: BUY
Monday's Bullish (up) move, forming a recent high, is accompanied by huge volume (1884% of average), suggesting a continuation to further new highs. This is generally a very bullish sign. Monday's gap up in price suggests further new highs are ahead. This is an extremely bullish sign. Sometimes a stock will pause, or retrace for a few days to fill the gap, before continuing higher. Refer to the Short-Term and Long-Term Opinions to keep from buying at a top or short-selling too early.
Short-Term Opinion: OUTPERFORM
On a short-term technical basis, the trend is Bullish (up) and the stock is above its 50-day moving average at 0.21 which also confirms its Bullish (up) trend. The stock is neutral according to the Stochastic indicator (53.28).
