The Graystone Company, Inc. (GYST)

[FrankF]

Perfect close actually, and here's why, IMHO:

Bottoms take longer to form than tops do. It takes time for a stock to turn the corner from a downtrend to an uptrend.

You don't want to rush it, or it loses it's power. But once it truly turns, look out.

Today GYST formed a doji (same open and close) which often indicates a change of trend. (Bullish Harami Cross pattern.) If Americanbulls hadn't stopped covering this issue, I believe yesterday would have been issued a "buy if" tag, today didn't yet confirm it, but apart from a long red candlestick (which we did not get), they always gave it a second day to confrim or deny the pattern.

That means Monday the benchmark price to watch will be .0022, and the buy-if tag issued yesterday would be confirmed by either: 1) a long white candlestick, OR 2) any gap-up that closes higher than the opening price, OR 3) Opening red but closing green. (Even opening at .0021 and closing at .0023, therefore, would confirm this bullish pattern).

I'm betting we get one of these or another on Monday, which will confirm the change into an uptrend, and make the chart look ready per Japanese candlesticking.

This will only add to the 20day/50 day cross (in progress), the ascending flag pattern mentioned by another poster here (nice!), the news of Asher being out, and the fact that apart from Asher's dilution this stock has fallen so far so fast that a big bounce is at some point inevitable.

Not to mention they're pulling many hundreds of ounces of gold out of the ground - this is an actual "gold producing" company, not just an exploration stage company like most otc mining companies.

Very bullish here. Seems like the perfect storm.
Just my opinon.