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GMAI

 
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bryzooga
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PostPosted: Sun Oct 31, 2004 4:13 pm    Post subject: GMAI Reply with quote

GMAI is showing intersing reversal on high volume just a few days before reporting for the quater (Nov. 4th). I would be interested in your take on GMAI.
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candlestick1
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Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Sun Oct 31, 2004 4:28 pm    Post subject: GMAI Reply with quote

GMAI has a very good chart developing, MorningStar signal. Stochastics are in the oversold condition and there is a big gap up to the $13.75 area.
Would not be surprised to see a test of the 50 day moving average and the 200 day moving average. Would be a buyer on strength.
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