Replies to post #153068 on Monk's Den

[J.C.N.]

Well first off I am no expert in any field...maybe a bit of comedy but they don't pay me for that so I fail on all counts expert wise.

Just looking at the daily chart I see the 10MA and 20MA going down pretty sharply and the 50 heading down also. The stock has tested the 200MA and may or may not hold.

I know nothing about the company and of course news trumps technical if it is factual and can be substantiated by the company.

The stock chart wise could hold the 200MA and rebound nicely or it could fall below it and then become resistant. Probably nothing that you do not already know.

The price is above the 10MA and going through the 20MA and the MACD is moving up so it may not see the 200MA again.

I wish you well on this one and hope your enthusiasm and positive outlook are warranted for GRDO.

Not sure my analysis helps but that is what I see presently.