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Monday, December 12, 2005 5:12:24 PM
I was looking at our GZFX chart and this is my conclusion. Does anyone concur or comment on it?
1) The mac still way below the zero line
2) When the MAC crosses the zero line I think we will be .025
3) If the MAC is to reach the .001 above zero the PPS might be .05
4) Last time RSI was 54 the PPS was .0055 when RSI reached 78 the pps reached our high of .0256. That took a little over 3 weeks.
5) If the pattern continues even without a PR NEWS we should see the RSI reach above 70 again, and If I'm correct in order to repeat step four above that would make our PPS at .05
Bottom line last time it five folded and I think this time it will do the same again from .0105 (the low last week) Look at the chart and can you see the pattern forming. I was told MM's like to do things in x5 bagger or x10 bagger.
Last time it did a 5 bagger from .0055 to .0256
This is just based on looking at the chart. GZFX is behaving as a BIG stock not as a penny stock, UPS and DOWNS that's what the market is all about.
http://stockcharts.com/def/servlet/SC.web?c=gzfx,uu[m,a]daclyyay[db][pc20!h.02,.20!f][vc60][iut!Uah1...
JUST MY HONEST OPINION>
1) The mac still way below the zero line
2) When the MAC crosses the zero line I think we will be .025
3) If the MAC is to reach the .001 above zero the PPS might be .05
4) Last time RSI was 54 the PPS was .0055 when RSI reached 78 the pps reached our high of .0256. That took a little over 3 weeks.
5) If the pattern continues even without a PR NEWS we should see the RSI reach above 70 again, and If I'm correct in order to repeat step four above that would make our PPS at .05
Bottom line last time it five folded and I think this time it will do the same again from .0105 (the low last week) Look at the chart and can you see the pattern forming. I was told MM's like to do things in x5 bagger or x10 bagger.
Last time it did a 5 bagger from .0055 to .0256
This is just based on looking at the chart. GZFX is behaving as a BIG stock not as a penny stock, UPS and DOWNS that's what the market is all about.
http://stockcharts.com/def/servlet/SC.web?c=gzfx,uu[m,a]daclyyay[db][pc20!h.02,.20!f][vc60][iut!Uah1...
JUST MY HONEST OPINION>
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