We have a beautiful weekly chart set-up here that is absolutely gorgeous!!As you can see by the weekly chart below we have the 50MA representing the upward trendline..The 50MA stopped its downward trend when it bottomed out at .0025 which was the week of 9/14/09...Since then we've been uptrending nicely topping out at .0169 on the week of 10/26/09..On the week of 11/2/09 we started our downtrend again..,(but this time the 50MA stayed on its course northward)..,and we had been on that downtrend until we bottomed out at .0045 on the week of 3/15/10..,that's when we started trading on the 50MA..,and we've been trading on it until this week of 6/7/10..This week we broke from the weekly 50MA for the first time since 9/28/09..(btw this is the week that me & some of my friends joined the DogPound!)..If you draw an upward trendline from the week of 9/14/09 it will end right under the .01 mark...Then draw one from the top at .0169 the week of 10/26/09 you will see that we have broken out on the weekly chart..,and now trading on top of the weekly upward trendline....Over the course of one year GRDO is now trading between the 50MA & the 100MA..,which by itself is amazing!..Also this week we managed to touch the weekly 100MA at .0121..,I believe this is the turning point for us here..,because once we start trading on top of the weekly 100MA it will carry us all the way up.., to where the weekly 200MA is..,right at .04.....We will receive the fuel we need to get there and beyond it from the ""Golden Cross""..,Pending News..,Daily Chart & Weekly Chart Set-Ups...,Plus we have plenty of room to roam according to the weekly tech indicators....Tomorrow Should Be Very...,Very Interesting To Watch!........
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