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GSHF.OB- Volume Breakout?

Started by catrader, June 14, 2005, 02:27:49 PM

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nmbr1ballr

#75
Or maybe not.  Its tanking lower now.  I knew I shoulda sold at .33 and rebought back in when it dropped which I thought it would.  Only thing that stopped me was I didn't know how the market would react to the 10k.  Hopefully it is pulling a PTSC where it dropped the day after a big gain by a large percent, but closed strong and continued into a big run.

Kublakhan

Where is the next level of support on this?  I'm looking to get in - it's currently at .255

vic666

it's been a tough morning for those holding....including me  8)

but i'm comfortable with action right now...also, support found at previous resistance of $0.25
Long term investments are short-term investments that have gone wrong.

vic666

enough shaekout has happened this morning that MM's have loaded a mighty no. of shares sold by those who sold out this morning...

up back again...but still...VRDM in green....GSHF should follow suit.   ;)

Long term investments are short-term investments that have gone wrong.

nmbr1ballr

VRDM is almost going to pass GSHF.  Will that matter any to GSHF in stock price since they own 80%.  Shouldn't GSHF stay higher than VRDM or no?

dhiraj19

VRDM is almost same.. What a ride for a person who bought it at 0.198.. He'll be thinking himself genius...



OneStockMind

All righty.. today was a pause day for GSHF. I added at .265 and .295 (just couldn't resist).
Now my average is at .243.
Volume is very high these days and I expect it not to drop below the breakout point (.25) but we'll find out pretty soon. The upside is absolutely huge.
I'll hold on to this one for awhile and not get distracted by pullbacks.

I'd love to see PTSC in this one.

rv

I'm not bashing these ethanol stocks, in the least, i like them and i'm glad there implementing a little "green" energy into the mix, but, listening to Kudlow and Co. yesterday (i don't personally like Kudlow, but he has good opposing guests), and the premise seemed to be, more of a strong sentiment of these stocks will rise like crazy, til the ethanol craze eases off, or perhaps, dies down completely, then they'll all retrace back and lie dormant.  I for one hope they all blow past all expectations and stay there.  I'm just saying, these might not be long term plays...(and i'm not talking just the pennies on this one)

vic666

Quote from: OneStockMind on April 18, 2006, 05:19:41 PM
All righty.. today was a pause day for GSHF. I added at .265 and .295 (just couldn't resist).
Now my average is at .243.
Volume is very high these days and I expect it not to drop below the breakout point (.25) but we'll find out pretty soon. The upside is absolutely huge.
I'll hold on to this one for awhile and not get distracted by pullbacks.

I'd love to see PTSC in this one.

I think the break of the "G" pattern on Monday on high volume coupled with support at prior "G" resistance at $0.25 is very good indication this will continue to rise...yesterday, as you mentioned, was profit taking and a "pause" day...we have seen that candlestick pattern in several other high risers...the thing is, ppl look at a day like yesterday and sell soon, only to watch a "la PTSc" or a "la XSNX" or "la STTK" happen in no time.

Good luck! ethanol plays have long tentacles and a pretty far reach...we r getting started.  ;)
Long term investments are short-term investments that have gone wrong.

vic666


Versaun, the company that's filed for an IPO yesterday, and one of the purest ethanol plays you'll get, has partnerships that are linked to GSHF thru' INSQ...look at the article below to undertand how:

http://www.greencarcongress.com/2005/08/inseq_to_manufa.html

Long term investments are short-term investments that have gone wrong.

nmbr1ballr

 :'( @ GSHF so far today.

vic666

stop looking at intra-day action if you want to saty calm...it's always gonna be turbulent on the penny stocks...

ethanol is the way the world's moving...and now is the time to be in these stocks...the overall trend is in only one direction...UP.  >:D

good luck!  ;)
Long term investments are short-term investments that have gone wrong.

dhiraj19

Vic,

I appreciate your comments but i understand nmbrbllr situation too... It'll be better for us if you could do your chart thing ( like in PTSC) and then post such a comment as all of us want to make money.

I always look forward for your TA too.

- Dhiraj

mexirafa

Hello guys,

This is my first penny stock, already in profit from my purchse earlier on. As you guys know the chart looks very promising and the whole industry is rising.

I have a question, maybe someone can help me out.  :)

Is this common for penny stocks to fluctuate in volume. We've had several millions per day for the past sessions and today is berely 1M. Is this a norm?

I seems that everytime the volume goes this low for GSHF the price goes with it retracing a big chunck.

thank you much and hope you make lots of cash in your trades, ;)
rafael
" It is  always profitable to study our own mistakes"

vic666

Quote from: dhiraj19 on April 19, 2006, 09:59:10 AM
Vic,

I appreciate your comments but i understand nmbrbllr situation too... It'll be better for us if you could do your chart thing ( like in PTSC) and then post such a comment as all of us want to make money.

I always look forward for your TA too.

- Dhiraj

Dhiraj,

Thanks for your comments...I'm at work right now, that's why annot post detail charts like PTSC...I'll do thatsometime during lunch hours today...but if u want a quickie...here it is:

$0.25 has offered support for thr 2nd day in a row....an I see money beng pulled out of other stocks tha rose yesterday...like AOOR and STTK...don't know why...and I believe we will see some of that money moving into ethanol plays again...

yesterday's retracement was pretty normal...of course, yesterday could have been an up day too, but i'm saying it's normal and not surprising or unexpected. today will mostlikely be a low volume conslidation day...as you can already tell from the lack of the "high" volume we saw the last few days....today is the kind of day when you can forget about GSHF...and go trade other stocks if you have the moolah. GSHF is in an uptrend and intra day action should not shake you out or cause you any worries....

break of $0.295 would be very bulish (I say that from the 2 day chart...and also from yesterday' action when $0.295 was strong resistance for a while in the afternoon).

glad to know my charts are helpful to you. good luck. now, back to work!  ;D

Long term investments are short-term investments that have gone wrong.