Post by
LONAMIS777 on Jul 23, 2020 6:54pm
Classic
pattern for another lift off...
First we get a slightly bearish trend, small retracement, then a big spike up over the next few weeks...
The chart is shaping up nicely for the possibility of the next leg up...
Over 2.3 million in volume (good/ healthy liquidity), 1-1 ratio on the bids to ask (alomst as many buyers as sellers, means uncertainty is high here, very unpredictable). Technical chart shows 8-8 ratio on the bullish (share price upward trend indicator) to Bearish (downward price trend indicator) repectively (bulls and bears are at a stalemate no one has the upperhand , this stock could go either way).
My opinion on this ticker is overall bullish, I am buying on any dips below $0.07 (technical long position on this ticker is currently $0.05) and holding for a good catalyst, ie good news about progress on treatments, commercialization of products, clinical success of experimental new medicines, etc etc...
GSTA THE LONGS
Comment by
Nirlops on Jul 24, 2020 12:51pm
going to 0.045 cents. It is breaking down my friend!! Stephen just gives out news so that he can come out of this mess!!
Comment by
MrAwesome1979 on Jul 28, 2020 10:16am
Agreed. Same pattern for the third time over 3 months. Should starting seeing a life between now and first week on August