GACF.OB - Ascending triangle breakout

[sebfr]

hi,

ascending triangle breakout on high volume...

buy at 1.500
stop loss at 1.230

[traderjbr]

Been watching this one for the past month or so waiting for some positive signs to appear.Yesterday there was a nice rise in volume with very little price movement.This may have completed its bottom and the gap above at 1.15 looks like a nice near term target.During their previous cc the company commented on questions about moving over to the Amex Board,which would require its price to > to meet the minimums.Their Key Stats look healthy with Qtrly yoy Rev growth 15.5%,Qtrly yoy Earnings growth 54.7% and Operating Margins running at 8.27%.This one may be worth looking into,kick the tires and see what you think.

[gamble]

picked this one up on a scan two days ago and jumped in today..

based on last PR, there should be a follow-up by end of september. and tomorrow is last trading day in sept.. lets see.

i was actually very surprised by looking at the financials. very unlike an otcbb.

chart does look very good off this bottom, would just like to see increasing volume

[traderjbr]

Yeah I want to see volume build from here as well,maybe this one can at least outpace the follow thru volume that KHK has had

[traderjbr]

Might have to update the chart on this one tonight.According to a post on RgBull this got picked up by a newsletter.I don't subscribe to it so I can't verify,either way I still like this one down here.

[traderjbr]

Was looking strong early out of the gate,finished off the high of day but still managed to close above the upper Bollinger Band on improving volume,overall not a bad start

[traderjbr]

Priced crossed above 50dma

[traderjbr]

Flirted with the gap zone,Macd is heading into bullish territory.. 

[traderjbr]

Updated chart,GACF still climbing 

[traderjbr]

Weekly chart as of 10-12-06