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Microcap & Penny Stocks : Gourmet's Choice Coffee Co. - GMCH -- Ignore unavailable to you. Want to Upgrade?

To: DavidCG who wrote (256)	1/27/1999 12:10:00 AM
From: P.E. Allen	Respond to of 2161

Everyone wants to buy low and sell high. Everyone is looking for an exit point. If you own the stock hold it. If you don't own the stock buy it quickly tomorrow. Here is why from a technical point of view. If you can get a graph that shows you MACD, MACD histogram, etc check out GMCH. Here is my interpretation for what it is worth. Maxing Against the Ceiling by kensey What does it mean to say that a stock is "maxing against the ceiling?" It means that it is doing so well that the bars on the MACD Histogram indicator graph are hitting the top. It means unequivocally that new highs in the MACD Histogram confirms the upward direction in that stock's prices. When you see this happening, you know right away that it's a very good thing. The MACD Histogram is against the top of the MACD indicator graph. This confirms the record price highs that are occuring on the price graph. Record highs on the price graph are drawn in blue. Blue is good. I also like the way blue dominates the bars on the Volume graph. Good stuff. The bars of MACD Histogram are at the ceiling, things still look bullish. Why? Because maxing against the ceiling foretells that more bullish action is on the way.