Looking at the technical chart of GURE, the accumulation/distribution line continues to scale new peaks, as somebody out there gets extra hungry for GURE at these levels. There are several indications I see which suggest a near-term bottom here, including large positive divergences on ADX in daily. A break above 1.90 should be seen as a serious threat for the stock to test the recent highs at 2.06. Keep GURE on your screen for Wednesday’s trading session.
Stocks to Watch for October 16, 2013
BORN +100% !! i hope to see the same on GURE
Started by
Costa
, Oct 16 2013 12:25 AM
1 reply to this topic
#1
Posted 16 October 2013 - 12:25 AM
Costa
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#2
Posted 16 October 2013 - 11:28 AM
Looking at the technical chart of GURE, the accumulation/distribution line continues to scale new peaks, as somebody out there gets extra hungry for GURE at these levels. There are several indications I see which suggest a near-term bottom here, including large positive divergences on ADX in daily. A break above 1.90 should be seen as a serious threat for the stock to test the recent highs at 2.06. Keep GURE on your screen for Wednesday's trading session.
Stocks to Watch for October 16, 2013
COSTA, awesome pick,thanks.