Coro Global Inc (CGLO)

[dkspartan1]

Things are still of track.

This stock is now an investment, it was traded last week. That moment is gone, if that's why you got in, best to move along. Golden Cross happened, there are of course detracters of that theory. That's why you look for other GC indicators.

One of which is parallel sma's before the cross, which we have. The 100sma and 50sma have been sliding sideways together for months. The 100sma is turning upward too follow the 50sma. Another great indication is the direction of the 200sma when the cross happens. Downward being the least satisfing. The cross happened when the 200sma began to move sideways. Watch the 200sma in days and/or weeks to come. If it begins to turn up and follow the climb of the 50sma, you don't get a much clearer perspective than that as far as the technicals are concerned.

The result: steady, sustained uptrend for a period measured not in days or weeks, but months. There will be pull back, there will be consolidation to solidify new support levels then on up to the rung and repeat.

Tomorrow will be a telling day, last Friday we had a great bounce off the .0025 level. We didn't finish below that today, hopefully it will hold tomorrow. GLTA.