Replies to post #35636 on The Graystone Company, Inc. (GYST)

[Little_Giant]

Plus the 10dma is holding as strong support (strong uptrend sign). The 10/20/50dma's are all curling up with the bullish 20/50dma cross, as you mentioned. That all equals boom-time next week, IMO.

Have a great weekend everyone.

[FrankF]

Oh, AND resistance has become support, see chart:

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=gyst&time=5&startdate=1%2F4%2F1999&enddate=2%2F21%2F2014&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=20+50&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=10&x=34&y=11

(It was held under both the 20 and 50 day moving averages, but now it's riding on top of them! TEXTBOOK!!)




Also notice the crossing of rapidly curving SMA 20 and 50 lines taking place just beneath today's doji, which is itself an attempt to turn.

Seems this chart is turning from a downtrend into an uptrend before our eyes.

(The best part is, if this is where it turns, then this is a stock that hasn't already been run up.)

The perfect storm?