The PPS just broke through the 5-day moving averag
Post# of 96879
Posted On: 05/06/2015 3:09:31 PM
The PPS just broke through the 5-day moving average. If this holds, it's generally an early indicator of a potential move up. Ambitious traders look for a move like this.
More conservative investors might wait until the 5-day moving average passes the 10- and 20-day moving averages. This might happen very soon. Currently, the 5-,10-, and 20-day moving averages are all tied up at 0.014. This is the first time this has happened since Feb.
The last time the 5-day moving average rose above the other moving averages for more than a week was in June 2013, when the stock rose from 0.01s to 0.17.
GLTAL
More conservative investors might wait until the 5-day moving average passes the 10- and 20-day moving averages. This might happen very soon. Currently, the 5-,10-, and 20-day moving averages are all tied up at 0.014. This is the first time this has happened since Feb.
The last time the 5-day moving average rose above the other moving averages for more than a week was in June 2013, when the stock rose from 0.01s to 0.17.
GLTAL
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