Global Earth Energy Inc. (fka GLER)

[swing_trader]

Here is a couple charts. The first is a chart explaining the indicators I use. The second chart is what I see happening here.
And I'm sorry but I never use Bollinger bands or any other indicators other than what I have listed. I like my charts simple and clean. A set of moving averages, volume bar and stochastics are all I ever needed.

On the second chart I see a lot of strength here. Unlike the first run up, the 20 period EMA came up and tapped the 200 period. The next day we had a strong green candle wic between the 50 and 200. This is a very strong signal. We have a strong decline in volume to come down and close the gap. We have a descending stochastic heading back to the oversold level.

All these indicators coupled together makes it a good setup. I hear a lot of harping about the volume being dried up but that's what I want to see with a stock that is consolidating. That probably didn't answer your question but its the best I could do with what I use and how I trade what I see