GSB Daily Chart........... My MVP Big Board Winner
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GSB Daily Chart........... My MVP Big Board Winner for the Week Just Ended
Link back to Feb 21 for my comments on the breakout and the resistance of the MA200 at the 1.90 level. The move over the declining tops tip at approx 1.47 resulted in a test of the 1.62 horizontal resistance. Once those two levels were taken out, then a test of the MA200 was possible. That test occurred, halted the stock in its tracks, and has since held above the 1.62 level which has now become a support zone. Moving from an overbought level, the stock is now consolidating. I don't see anything in the declining FullSto or MACDs that would suggest a reason to buy back in yet. So again, to those of you that made a profitable trade with me, congrats!
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