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GSHF.OB- Volume Breakout?

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

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vic666

quickly...here's why $0.295 is resistance...that's where the descending trednline is...as well as, yesterday intra dasy, the stock would not break thru' $0.295 in the afternoon hours...i was watching it very closely.

good luck...we are getting some good buying and the stock is now green at HOD - $0.278

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

vic666

#91
GSHF (along with the other ethanol plays, vrdm, insq) very close to being "Back in Play" stocks...

nice action in the last 30 minutes...people flocking to buy some shares...

and the MM's have enough to supply them...why? because of yesterday's shake-out action.

good luck to those holding...Rock on !!!  ;)
Long term investments are short-term investments that have gone wrong.

nmbr1ballr

GSHF with a VERY good close.  Up 20% to close at .33  >:D

vic666

Just finished work....was monitoring GSHF from time to time today, but did not have time to post any messages...

what I love about the close besides the fact that it closed at HOD, up 20% is that GSHF has a broken away from the trend that was exhibited by VRDM and INSQ, (up until yesterday, the three seemed to move pretty much in tandem).

Today, VRDM and INSQ were similar to GSHF, but not for long...that is quite a difference from the last few days of trading action and to me, that seems like a sign that the market has begun to realize the undervalued nature of GSHF, and is aptly compensating for that.

anyways...I'm glad I held instead of being lured into selling yesterday as well as this morning....(coz' I was thinking of buying either STTK or AOOR or both...and though they started well, they closed real bad...not sure what drowned AOOR after the break of $0.80- yesterday on strong volume...)

will post again after my evening tea hours.  ;)

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

OneStockMind

Can't believe I bought a stock that didn't immediately go down!  :P

I bought first at .175, then .265 and .295 so now my average is .243.
Too bad I was too lazy to get up this morning and grab more at .255. Oh well..
This stock has a huge potential and it is slowly showing it. I see a nice cup forming on 2 year chart. It's getting fantastic volume which shows definite interest in the stock. Looking at MACD and RSI I drove lines that show previous big run tops. Both RSI and MACD show that there's plenty of room to go up.

The first resistance I see is that previous high of .395. Given the volume and interest in the stock (and gas prices and ethanol demand, and.. and..) it might blow through that resistance easily but that remains to be seen.
Possible scenarios:

1. Goes up fast in that tight range it created in the last couple of sessions
2. Creates a cup, retraces to create a cup holder and then continue. Cup target is around .70.

As I previously said, with this volume all kinds of miracles can happen (and I'm hoping for a PTSC miracle since I missed it :) )
After that .395 resistance I don't see any significant ones on a 2-year chart (some at .50 and .60) until a psyh. resistance at $1. After $1 is broken, anything between $1 and $3 is possible.
Those numbers sound very high but that's what I thought for PTSC and the train left me behind. Nothing goes straight up but this time I'm "all or nothing". I'll hold these shares for big returns, no matter how long it takes unless something horrible happens to the company in the meantime.
In 2004 this company was trading for $12!




vic666

onestock mind....kudos to you on holding onto this baby  :)

lemme throw a little hint to you on why I think a big run is ahead of us...the key to that lies in MACD...pull up charts of XSNX, PTSC, SUWN etc. that had huge runs in the last 3 - 5 months and see where the MACD was when they were just getting started(of course, we did not know that then  :'( ), but look at what the MACD levels are at the peaks of their runs...

I have a gut feeling it's gonna repeat here too. let the future prove me right, until then, I wait, with my shares of course!  8)

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

pompano

Hi Vic666, it seems to me the MCAD level on GSHF  is at a equal top peak of the stocks you named which is around 0.1 or 0.2.  So are you suggesting to sell now?  Maybe I am just misinterpreting the data?

vic666

looks like you missed a decimal place... :o

GSHF is currently at MACD = 0.01 - 0.02 range



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

pompano

Oh snap!!!  LOL.   ::)

nmbr1ballr

GSHF currently up 6.6 cents @ .396.  .04 cents shy of breaking 52 week high. 

nmbr1ballr

And its been done.  Current price @ .402.  bid .40 ask .45.  Someone just bought a 183,000 shares at .401.  Now to $2+.  (hopefully, we can all dream right)

vic666

just got out of work....could not even catch the opening action....very impressed with price and volume action and the fact that the 52 week high was taken out....

we now oficially have a target of atleast a double from current levels....rock on!  8)
Long term investments are short-term investments that have gone wrong.

nmbr1ballr

We broke the 52 week high but soon after we fell down to almost .35. 

vic666

3.04 pm - GSHF is awfully close to breaking the symmetric triangle on the intra-day chart, to the upside...here's a chart.

I'm just waiting to post this after the break occurs, so you can see it on the chart....i'm waitin...waitin...ok..it just broke....now i'm waiting to see some volume accompany the breakout...i'm waitin...waitin....still waitin.....the bid just moved up...vol. should come anytime now...waitin'...damn, not a single trade in over 3 minutes....i'm still waitin'... :-X

3.11 pm - my patience is wearing  :-[...but i'm gonna post chart until the breakout is confirmed with volume...still waiting...YAWN!

3.15 pm - I'm still waiting...price now is $0.374, but hardly any voume  :(

3.19 pm - what a ripper! i'm still waiting for volume.... >:(

3.20 pm - go baby!!! i just got the first signs of vol. kicking in...keep going...I'll post in a minute or two.   ;D

3.23 pm - does this sound boring to you guys?? it is to me...waiting! hmmm...shall I just post the chart instead? ... :-\

3.25 pm - VRDM seems ready to wanna breakout of it's downtrend since morning...will that help move GSHF...we'll see...

3.26 pm - cool! now INSQ is catching on and making a move...it's about time GSHF breaks out...c'mon!!!

3.28 pm - un"friggin"believable...i'm still waiting...u guys can laugh at me all you want -  >:(

3.31 pm - the upside breakout did not happen yet...here's the chart....

I'll still be watching though! good luck all!  ;)








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

pompano

Some pretty large dumps were taken at the end of the day there.