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sweet crude

02/12/07 2:20 PM

#715 RE: breakpoint #714

breakpoints chart - 11 months

when you look at that chart on a longer view you can see GRSR broke the downtrend awhile back, and what it basicly did recently was run up to test the 200 day MA.

Traded up around the 200 day and then gave back to consolidate. Either way, the 200 day looks set to meet the new uptrend line sometime in mid to late Feb.

By then I think we'll see a real break and close above the 200 day MA....IMO. Any thoughts?

http://stockcharts.com/h-sc/ui?s=GRSR&p=D&yr=0&mn=11&dy=0&id=p56040545968&a=...