Sunday, July 22, 2012 11:14:45 AM
Friday I filled an additional 40,000 shares at .283. It took all day to fill.
Couple things to ponder:
* Friday was also had the 3rd lowest volume for any day all year.
* Average PPS this year is over .29.
* The PPS is sitting at the bottom of a short and mid term upward channel.
* There's also a flat short term channel between .27 and .30.
* EMA looks like it's about to cross the signal line and head north.
* Williams %R is setting higher highs and higher lows over the past 2 weeks.
* Monkey bars combined with candles are painting a nice picture.
The next few days should be very telling. The PPS will either bounce off .27 and remain in the flat channel or take a shot at the .30 resistance.
I"m betting we break the .30 resistance either Monday or Tuesday and make a run at the .37 resistance level.
I'm gonna go out on a limb and make a prediction that this stock never closes sub .30 again after Tuesday.
GLTA... There's definitely a lot in the works and with earnings sitting around the corner, these next few weeks should prove to be exciting for all longs. Liquid is acting like a mature company and we should be hearing about orders soon.
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