I bought this stock along GTEL on Monday morning. Sold GTEL and I am still holding GLBT. Here is the reason I think it might go higher:
(1) I mentioned it a couple times when this stock formed the rim of the cup at 0.05 and then a nice handle was formed. Now this is the picture is much clear:
(2) Notice the Money flow has been positive even though the stock price went down from the 0.25 to 0.10. The stock price is still above its 50 DMA of 0.08, it is still bullish, but the price is at the low end of the channel.
I don't know how to post JPG files on this.......will try.