Matt, What do make of the action today in GBG

    Posted by RichieD on 6th of Jun 2012 at 03:10 pm

    Opened at $0.76, high of $0.77, dipped to $0.59, and now has rebounded to $0.70.  Volume is strong but not off the charts.  Was $0.59 a short term blip to be ignored since today's candle is looking like a hammer?

    GBG

    Posted by morton13 on 6th of Jun 2012 at 04:17 pm

    I sold half and riding the other half out until it closes below the 9dma....

    yeah hard to say what

    Posted by matt on 6th of Jun 2012 at 03:47 pm

    yeah hard to say what that blip was, I'd ignore it for now, but funny how it perfectly tested the broken downtrend line on the daily chart

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