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