InvestorsHub Logo
Followers 1652
Posts 18274
Boards Moderated 1
Alias Born 11/10/2004

Re: wolfrun post# 60

Friday, 03/25/2005 9:20:49 AM

Friday, March 25, 2005 9:20:49 AM

Post# of 44374
wolfrun

To be truthfull I kicked the Gtel habit for months and have not been up to date on the day to day. But from the quick look I just took at Gtel's TA charts, I would say every thing is setting up for a break out or at least climb very soon.

The proof will be how slow the volume goes. Will all the newbees feel the large jumps are over for a while? Will the day traders take Gtel off their watch list? Are the MMs scared of SHO?

If the answer is yes, the volume will go under 3 mill a day and the MMs will play. If not, the Ta signals will hold good like on the big exchanges and we should buy soon.

I'd watch very close, if I was looking for a buyin. This would be a new base for a $5 stock, but may become the start of a walk down for gtel, if MMs see an opening.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.