3SOF

higher stocks,

thanks, will watch out for sure....but todays late day action once again found excellent support with both 9 and 20 EMA (both are quite the same no.) and is continuing to flirt with the 50 EMA...

once GRMU breaks out convincingly above the 50 EMA, I see it going higher based on technicals...also, todays down day (not much, 5%) was on low vol. compared to the 2 up days last week.

here's a chart

good luck to you.

I'm looking foward for tomorrow on this one...

Like you said, 2 up days on strong volume, and 2 down days on low volume...
This is a subjective scenario, but It's bullish on my opinion, heavy buyers vv. weak sellers....

I'm holding still ! waiting for higher price levels....

eliteg, may I ask what your TA experience tells u about this chart I posted (a couple of messages above).

see how it tested the 20 EMA and reboundedvol. has been alternatively higher and lower, up on big vol. and down on low vol.

what would u consider to be a breakout on this...I say break of 50 EMA is good, and break of 0.004 is even better, ur thoughts?

PS: anyone is free to give their opinion on the chart.

thx!

Quote from: vic666 on July 05, 2005, 10:56:45 PM
eliteg, may I ask what your TA experience tells u about this chart I posted (a couple of messages above).

see how it tested the 20 EMA and reboundedvol. has been alternatively higher and lower, up on big vol. and down on low vol.

what would u consider to be a breakout on this...I say break of 50 EMA is good, and break of 0.004 is even better, ur thoughts?

PS: anyone is free to give their opinion on the chart.

thx!

vic - there is a point where you do analysis and it doesn't give you any new info.  I think Ramsburg said it all, techically.

We just all got to remember that we got in this stock for a reason.  We thought the price was going up and we have gotten higher lows since it signaled.  Don't let a penny(especially one that is still in a huge downtrend since ipo) become an investment.  It meets your requirements or you pull your money.

Move it or lose it GRMU.

found support and closed right above the 20 EMA....wonder if it'll push up again....the only good thing is the low vol. on pullback....also, expecting a PR on the upcoming NAAM show...

anyways, this stock has not performed to my expectations...tomorrow' action will determine if I'll keep it or bail out, let's see if 20 EMA contnues to give support.

The most bullish sign would be if this closed the day above the 50 EMA.

here's a chart

Bought GRMU .002's.

The chart history of bouncing from the .002's on news is appealing.

The NAMM show is within a few days.

Maybe he will announce something.

Taking a chance on the chart.
Who knows.

http://www.pinksheets.com/quote/chart.jsp?symbol=GRMU

-Jeff-

goodluck fill..I think you might have something here 

Heard the NAMM show is today.

I am betting on some news of orders and/or a strategic alliance.
This could do well on any news next week.

-Jeff-

   Nice move so far !

News can really get it going next week.

-Jeff-

my friend sent me alert just a few ago on grmu he isbuying in so i expect to see a pop.

Is your friend Sicilian ?   

What happened ?

The chart looks promising for next week.

This thing can really move on news.
Banking that he will have some kind of update from the show.

-Jeff-

Quote from: atalltexan on July 23, 2005, 08:57:53 AM
The chart looks promising for next week.

Hi Atalltexan,

I am always trying to learn more about technical analysis, and am curious what you see in the chart that I do not. On the "promising" side, I see higher volume on the 22nd, and an intra-day cross-over the SMA.

On the flip side, I see an inverted hammer with a lot of downward pressure. And there's the close below the SMA.

While I wouldn't say the chart looks negative, I'm curious what you see...

IMO, this is beyond a current chart play, although it is not ruled out.

I bought from looking at the total chart history and the pattern of news.

My play is for a NAMM Convention update.  Not on Fire, yet.
But high probability of news is worth a shot trading where it was versus history.

-Jeff-