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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (10023)10/8/2001 2:34:01 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
To:James Strauss who wrote (10022)
From: James Strauss
Thursday, Oct 4, 2001 12:28 PM
Respond to of 10036

GMGC...

For those following GMGC, something is going on...
stockcharts.com[m,a]dacl...

Note the pick up in volume on rising prices... ADX and RSI show increasing buyers
overpowering sellers... Perhaps the new deal made with the preferred share owners and
the anticipation of good September ending numbers are moving the price higher...

Jim


On Thursday the volume on rising prices in GMGC suggested strong buying sentiment... Today it's up over 40%...
stockcharts.com[m,a]daclyymy[pc13!d20,2][vc60][iLa12,26,9!Lc20!Ld20!Lb14!Lg!Lk14!Lp14,3,3!Ll14] Look for tests in the .75 to 1.00 area after some short term profit taking to the .40 to .45 area...

Caveat... I own the stock...

Jim