![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, December 02, 2013 9:46:33 PM
GBGM is a stock I have been alerting for almost a month now, and it has done nothing but trend upward for about 3 weeks, and then trade sideways for the past week, cooling off the chart indicators for the next leg up.
I think its ready to make a new uptrend, or as Jean-Claude Van Damme said recently "It's Go Time!".
![](http://www.crushinc.com/wp-content/uploads/2013/09/Screen-Shot-2013-09-17-at-11.20.38-AM.png)
GBGM has shown that when volume and buying pressure is present, the stock reacts in a positive upward manner, which is exactly the type of stocks we look for.
We now have to go back to the summer of 2012 to see where our nextresistance points will be, so I created an annotated static chart from that time:
http://stockcharts.com/h-sc/ui?s=GBGM&p=D&st=2012-4-22&en=2012-08-02&id=p96085522953&a=322282218
It has a very small amount of tradeable shares of just 139 million:
Share Structure:
Shares Outstanding 647,636,012 a/o Sep 30, 2013
Float 139,160,334 a/o Sep 30, 2013
Authorized Shares 998,800,000 a/o Sep 30, 2013
Daily Chart:
http:// http://stockcharts.com/h-sc/ui?s=GBGM&p=D&yr=0&mn=3&dy=0&id=p62626847397&a=323182211
Weekly Chart:
http://stockcharts.com/h-sc/ui?s=GBGM&p=W&yr=1&mn=7&dy=0&id=p12218270829&a=322282218
Good luck and trade smart,
MrBigz
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM