Forum Archive Index - June 2001
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[sharechat] GPG
Attached is the corrected chart. I have also added the latest price. ($1.64)
Essentially the same picture, I think you will agree. Comments as before :-
GPG is currently in a short, medium and long term uptrend. (See chart) This
makes it a good Buy and Hold candidate, so long as these trendlines are not
broken. Because of its volatility level, Momentum trading a stock like this can
be very profitable. Should you wish to trade more actively, a Momentum
oscillator such as Wilder's RSI (Relative Strength Index) could be used to time
entry and exit points. The small red and green arrows on the chart are RSI buy
and sell signals.
Phaedrus.
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