Wednesday, May 29, 2013

*** Monitor - Short Term Speculative Trade: GSH Corp. Share price 0.080. (Not for holding, short term with tight stop loss)

GSH has just tested and broken the 0.08 psychological resistance level. At this level, it has also just crossed above BOTH the 20 DAY MA (Green line) and the 200 DAY MA (Dotted blue line), which can signal short term uptrend in placed. More confirmation needed though and it has to cross 0.081 and 0.082 for more serious buyers to bring it higher. If that happens, short term target to 0.084 then 0.09. Currently at Top 5 Volume. If it stays and closes above 0.08, more potential upside possible and new support at 0.08.
Stop loss at 0.076 tightly
 

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