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GTCB

Started by nikao, July 20, 2005, 04:23:09 PM

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nikao

GTCB is a very interesting company who is getting EMEA approval for it´s drug somewhere in september-october with high probability. This will be the approval of a whole new technique.

In addition to that: I think GTCB is completing a bull flag right now. With the 50 MA crossing the 200MA I Think this is a very interesting moment. Watch this one break out and get in

Im in for this already several months (traded it a little.. now long from 1.45) and I´m long at least a few more months  untill after the approval

anyway, here´s the chart. tell me your thoughts!

nikao

its taking long now, so I hardly dare still calling this a bull flag.
But anyhow, if you call it a bull flag or a bearish price channel, GTCB is slowly breaking the resistance. Yesterday's close was above

Looking at the chart I also discovered a nice Adam and Eve pattern. Didn't recognize it at the time..  ::)

nikao

gtcb showed some nice action today.. a nice white candle on top of the former resistance of the bull flag, Id really like GTCB to take out the high of june as resistance.

nikao

and another day up..
this is looking better and better :)


nikao

after hours 1.85

I will never understand the after hours trades  ??? ??? :-\

nikao

and another 'white' day.
I think it's on it's way to test the resistance on 1.85
of course still holding this one.. (at least one good pick in my portfolio :P)

nikao

and another test of 1,78 failed.. chart is still looking good though.. maybe the stock will pullback to 1,60 before making another attempt. But that's not worth the rist (of missing a big jump up like in june)

nikao

today it reached 1,79 in it's attempt to get higher, again a failure but a strong close at 1,75 though.

I'm not sure how you call this pattern, but assuming this mirrored ascending triangle will continue I expect a greater range for today. This would meen a profitable trading range, therefor I sold yesterday at 1,78 and will attempt to get back somewhere around 1,66 / 1,68

nikao

looks like I made a terrible mistake..  :'(
the day after i sold the stock went up to 1,84 to spike yesterday right to 2,10

why does this always happen right AFTER I sell?  >:(


rocket8

this whole thread of messages is you.
i watched it every day but didn't buy. 
i dont know much about pharma drugs.

that always happens to me too.
i sell.  it goes up.

applause.


Nightbreed

it went to 2,40 but is now back on 1,91.

good entry point......the downfall was because of a PB but it was actually good. Strange why people always sell on PB.

gr N

"What do you mean, not fair?.....everybody gets the same....everybody gets a lifetime."

Death

D&Data

#11
Free $ since 1.08...

...'m waiting 4 a rebound !

D&Data


brucey


D&Data

1.12 $...
but now....it seems to be calm...and not going up so fare