New Concept Energy, Inc
Alış

$GBR showing some consolidation on 7/5 - possible buy

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GBR saw some volatility today with buying out of the market open. However, ending the day in a broken descending triangle pattern causing consolidation above $4.78 support. If support holds - as I expect it to - GBR is a possible buy for a break over $4.96 to a run up to a target of $6.80. If GBR doesn't see sufficient volume / buying pressure on 7/6 - then GBR will be a strong consideration for a buy on 7/9 after traders return from a slow holiday week and most likely will be in the mood to buy GBR from todays consolidation )and possibly tomorrow's) for a move to an initial target of $5.90 and much higher if that target / resistance is broken. GBR is a small company with big running potential - possibly more than $1 on a strong bull buying day - has already seen multiple dollar Bull runs recently. No doubt this runner will remain in the minds of Bull Traders for some days - most definitely until 7/9. Ill be watching this for a solid entry off of consolidation on 7/6 at the market open and also on 7/9.

- Good luck traders.

Feragatname

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