GREY:DGCRF - Post by User
Comment by
heainttellinon Jan 03, 2007 10:20am
257 Views
Post# 11947811
RE: is there any teck. analyst
RE: is there any teck. analystI agree that it does look very strong and poised to move. Tech indicators like RSI, Stoch, MACD and ADX are all turned up. Plus on the long term chart there is positive divergence between these and the stock price, a very good sign.
The only problem now is the gap opening today. Gaps tend to get filled so the price is not likely to soar away until that gap is filled. Once that's done, the price should get to $7 easliy, based on a measured move from the H&S pattern.