Yes, it does and isnt that a familiar picture for just about every stock in the pink ? I didnt find the Accum/Dist line on your chart. This looks to indicate a steady gradual climb since Sept 2012 and it tells me that confidence in GESI is high and investors regard this stock a long term investment. There is always up and down movement in every stock but I habitually look at the Accum/Dist line which reflects the meat of the stock.
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