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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: Jack of All Trades who wrote (592)7/16/1998 1:14:00 AM
From: PaulB  Read Replies (1) of 1096
 
This chart shows it all if you are into TA:

iqc.com.

You can see the trading volume has really increased over the past couple of days on no news. Fast stochastic line crossed over the slow line confirming the reversal. Indicators who over sold. Momentum heading up as well as RSI. Even that Bollinger bands have started to move together which is a good indicator of a powerful move. Checked a couple other indicators and this puppy is very over sold. Now what do these people who have been buying know that you and I don't know. Generally it is a good indicator that people close to the source have FAITH that this puppy is on the move and soon.

Paul
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