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Message: Nice to close up like this! Up 1c at 14c on 960K vol. GLTA EOM

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Re: Nice to close up like this! Up 1c at 14c on 960K vol. GLTA EOM

in response to Re: Nice to close up like this! Up 1c at 14c on 960K vol. GLTA EOM by bubba9

posted on Nov 03, 09 05:39PM

According to Ump's charts $.135 represents very strong resistance. with a close of $.14 it would appear that resistance has been broken but since it was only a final 500 share trade, it could be said that we simply have a false positive (especially when 3 of the last 5 trades today were at $.13).

Let's see if we can keep it at $.14 or above tomorrow for follow through, then we can start calling $.135 support.

I'll start getting excited when volume hits 2-3 million shares but things are definitely starting to look up.

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