Replies to post #10984 on Global Technologies Group, Inc. (GTGP)

[Lafite1983]

This is "oversold".

[AmazingStocks]

VernD, I cannot reply to your message because I am not a paying member. I think strong support is in the .08-.12 range. Reason I say .08 is because that was the previous 52 week high that caused the major breakout and GTGP never did a retest. Alot of times you'll see stocks do a retest of previous breakout levels. Also, I like .12 because that represents about a 50% retrace from the .245. I like to stage my buys, small buys at higher levels and big buys at lower levels within the channel, that assures my cost stays low. Hope this helps.