GREY:EORBF - Post by User
Post by
Investor001on Aug 17, 2016 8:22pm
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Post# 25152407
Technicals
TechnicalsIn my opinion based on pure technical analysis on the weekly candlestick chart, we should move up to the 0.60$ level where the 200 day weekly MA is at. It also coincides with older price celilings where the stock couldn't break higher. It could move in anticipation before any announcements is made with the overall strong market. If we break higher than 0.60$ before any announcements with very strong volume, I would probably guess something positive is on the way othwerwise the news could be anyone's guess. I couldn't post any image, can anyone tell me if it's possible?
Good luck!