correct but look at the GC in light of the circular and the volume and the buzz/sizzle of the investors and next week we should see 2 to 2.3 cents by Friday JMHO
That is a very poor stock to compare to. Here's why.
Of course there has to be some other technicals involved because the 50dma doesn't move up on its own.
• There was absolutley no volume on phbt to support the cross. • RSI was dropping way before the cross. (I would have never bought into it) • Williams% was low before the cross. • There was a negative divergence as the stock was slightly going up. (not good!) • The cross was almost flat as opposed to straight up • And the stock was in a decline.
Unlike GZFX, ALL THOSE ARE OPPOSITE! Stock is in an uptrend. RSI is strong. Williams% is up, cross will be a cross not a flat cross, Volume is HUGE.