$GMET bearish pattern $GMET is in a confirmed d
Post# of 7
Posted On: 08/21/2012 8:09:26 PM
$GMET bearish pattern
$GMET is in a confirmed downtrend trading below all moving averages which are downtrending. This week is is seeing a retrace back to my short target area of 20 cents. For additional safety I might actually waith for this to get higher into the 20 day moving average with a stop on a close above 25 cents.
This stock is going to get delisted from the Nasdaq soon and has gotten into trouble with it's creditor Bank of America.
[IMG]http://i.imgur.com/1cAS3.png[/IMG]
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