The New MONSTER Stock Pick is GSX (Gasco Energy, Inc.)!
GSX trades on the AMEX and is the quintisential penny stock that we look for trading on the big boards! Since December, GSX's stock had been falling and this week it had finally found a solid bottom. Judging by the two candles from the last two days, this one looks PRIMED TO BREAKOUT. Other indicators such as MACD show a crossover coming, Stochastics have been rising from the bottom, and ADX is showing a strong upward trend. We believe this may see .60's today and be clearly over a $1.00 by summer as the Energy Sector heats up!
Gasco Energy, Inc. (Gasco) is a natural gas and petroleum exploitation, development and production company engaged in locating and developing hydrocarbon resources, primarily in the Rocky Mountain region. The Company’s principal business is the acquisition of leasehold interests in petroleum and natural gas rights, either directly or indirectly, and the exploitation and development of properties subject to these leases.
GSX is in a HOT SECTOR. Oil and Exploration stock are always rising during the tail end of the winter and then again in the summer. And guess what? Today we have news....
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