Friday, March 5, 2010
Stock Alerts
General Automotive Company (GNAU)
GNAU provides state-of-the-art automotive parts, mobile electronics and related products throughout the U.S through its worldwide network of manufacturers and distributors.
o After a huge volume spike, volume has been light but steady
o I'm not noticing any selloff volume (i.e. traders are holding on to shares looking for future gains)
o The MACD and Stochastics are non-trending right now, but I am expecting them to turn positive with renewed buying pressure
o Support appears to be forming around 11 cents.
o Minor resistance at around 18 and 20 cents.
These three stocks have taken off this morning!
SECI - Sector 10
BSOME - Bio-Solutions
BGOI - Bonanza Oil
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