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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 18 4:00 PM EST

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To: Robert Stewart who wrote (387)12/4/1996 4:50:00 PM
From: TATRADER   of 13091
 
Marlin, there is nothing to worry about yet from a technical aspect....It looks like we are building one last shoulder before we turn around....This shoulder we are presently building should not go lower than 1.43, that is the lowest the first right shoulder hit.....I believe that we saw the lowest this stock will hit at 1.56 today....That would complete the 2nd shoulder....If this stock closes beneath 1.63 where I have major support pegged, and spikes below 1.43(the first right shoulder low point), we are in serious trouble from a technical standpoint....These thinly traded stocks are very difficult to plot since we are at the mercy of MM's who are probably reading this thread too.....They know our threshold of pain.....But I'm sitting tight.....I still feel we will soon see the volume and turnaround in price.... Once we take out 2.42 on good volume, next resistance will be at 3.00, and then we will move quickly to 5.00.....Hang in there....Regards, Mark........

P.S. I will reappear when volume picks up.....Looks like we will have to wait until next week......
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