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Monday, March 08, 2010 8:47:53 PM
http://stockcharts.com/h-sc/ui?s=GSRE&p=D&yr=0&mn=9&dy=0&id=p28693957101
the pertinent items here that bode well for an explosive price move are:
1. CMF turning green back in mid-February and continually rising ever since;
2. the solid volume today, eclipsing all but several of the days in 2009 when the stock was making its run then;
3. great build-out on MACD over the past month-and-a-half;
4. Boffo divergence on stochs, especially the inflection above the 50% line, very rare, and very bullish.
5. what, in retrospect, will be seen as a "breakaway gap" occurred today; also very rare, and also very bullish.
Bottom line: something excellent this way comes, and shorts.. well, they're about to be Le Menu at Roadkill Restaurant.
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