Replies to post #8482 on Global Developments Inc (GDVM)

[MiamiTrader87]

10-k filing tomorrow. Won’t have VeeMost financials, but we should get some insight into Melvin’s share structure and also maybe some subsequent events.

[tothe]

GDVM charts~~~ Yes John the RSI and Williams%R are in their respective Goldilocks Zones and slightly oversold... we need both indicators passing over 50% to agree or else we have a chart with a lot of squiggly lines.
https://investmentu.com/relative-strength-index-rsi-ultimate-overbought-oversold-indicator/
https://school.stockcharts.com/doku.php?id=technical_indicators:williams_r
*** I like the Ghost Town trading strategy because we are in similar situation; low volatility leads to high volatility. Also in the last three days candles have lower shadows indicating sellers are getting flushed out.
https://www.swing-trade-stocks.com/ghosttown-chart-pattern.html
*** Including the 60min chart to empathize we are in the throwback of the BRRB pattern. This stock has broken the downtrend on the 23rd. and is now making higher highs and higher lows in throwback. So, my expectations on the hourly chart confirm what the daily chart is showing.
https://thepatternsite.com/barrb.html
* A brief on chart Indicators
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146368673
chart & T/A thread post

https://stockcharts.com/h-sc/ui?s=GDVM&p=D&yr=0&mn=3&dy=0&id=p24986097784&listNum=23&a=1113701411


https://stockcharts.com/h-sc/ui?s=GDVM&p=60&yr=0&mn=1&dy=0&id=p24986097784&listNum=23&a=1113701411