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Re: DanClark69 post# 11373

Thursday, 03/27/2014 6:53:50 PM

Thursday, March 27, 2014 6:53:50 PM

Post# of 51849
That gap at .18 cents has been satisfied. That was a breakaway gap, there are a couple lower too that happened on extremely high volume days before the .18 cent one. More often than not, breakaway gaps are either never filled or filled many years later. Besides, if you look at the chart, you will see the stock retraced to .20 cents essentially filling the top of the gap and then reversing. That satisfies or fills it. Normal gaps usually will fill with in a month or so. This isn't a normal gap.

The chart is basing now. It is resetting. Stochastics are now flat and done falling. RSI is mid zone where it likes to take off from on this stock. The stock likes to dip just below the middle Bollinger support band and then start a move up from there to the upper band like it has done several times before and is close now. Don't forget the strong support this stock has garnered at the .48 cent 50 day. Every time it bounces off .48 cents that support gets stronger. The longer this stock bases the harder it will blow. It is on the way to retesting the $1.20 high. Price driven by extremely high volume will always be retested. The $1.20 high was on record volume. You should get long while you have a nice entrance price. You would look and sound a whole lot smarter.

http://stockcharts.com/h-sc/ui?s=GRNH&p=D&yr=0&mn=5&dy=0&id=p97542716576