Green Oasis Environmental, Inc. (GRNO) Message Board

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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)

GRNO 0.00

Nov 19 4:00 PM EST

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To: Charles A. King who wrote (371)	11/30/1996 7:43:00 AM
From: TATRADER	of 13091

Charles, here are a few technical positives for GRNO.....It remains on a strong buy alert as far as I read the indicators: 100 Day Moving average=1.87 20 Day Moving average=1.94 10 Day Moving average=2.00 This past week my MACD indicator flashed a buy alert....We now have a crossover of the Price Phase line with the Signal line...Although somewhat anemic my Price Phase line now reads a positive 0.02401 while the Signal line is negative at -0.0228... This week we hit a new price high of 2.50.....We have had a double bottom on this stock....Bottom 1 on August 15th at 1.00 and Bottom 2 on October 30th at 1.43...... We have had a one day price reversal...The stock hit 1.50 and then rocketed back to close at 2.00 on 85,500 shares traded.... Finally, this week we saw the Bollinger bands tightening...When they tighten it indicates an upward or downward price spike....Guys, its coming...Usually when I see this happening, the move takes place in two weeks or less....So by December 13th at the close or before, I am saying and saying now, we will move above 3.00 a share..... Again we have support to the downside at 1.92 and major support at 1.63....If the stock moves down in the next two weeks, I see only a spike to 1.63 and then back up to the 10 day moving average.... What will indicate a change from BUY ALERT to BUY....IMHO....If the stock closes above 2.42 on volume of over 50,000, the uptrend is confirmed.....And when this baby moves, it will move quickly......Its coiling right now...We await the volume pickup.....Take care, and thanks for all the informative fundamental posts....Regards, Mark

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