12/7/2017

 

GLBR

morning spike from 0.25 to 0.35

@12:00 pm volume started to come in and the price spiked again from 0.3 to 0.6

previous resistance at 0.6ish 

fading volume and the price went down 0.4ish

volume coming in back again at 2:00 pm 

spike again and formed ABCD pattern and the broke all previous resistance till it reached 0.86 in AH

finsihed strong 0.71

AH went to 0.86 and now at 0.79

% change today 216%

previous daily res at 0.965 on 11/22/2017

 how to play it, might be a gapper in the morning tomorrow

1- case 1: keep its highs in the pre-market and morning spike most properly 

if it breaks the 0.8 price the next resistance is at 0.95 then at 1.0ish

2- morning panic and a chance to dip buy in the low 

no news other than some SEC filling

that was my preparation yesterday night for this stock, it did actually went with case2 and I did paper trade it in STT in @0.715 out @0.95 made 110ish $ on it

kept watching the stock and saw that if it goes above 1 it should keep going. so I decide it to do a real trade and to get in the trade using my Etrade broker and yes sure enough it broke the 1$ and kept going to HOD 1.2ish $

I was so happy and wanted to exit the trade with my gains only to find out that I didn't get executed at my entry in the first place HAHAHAHAHAHA

I just hate my luck today :) 

the stock reached to HOD to 1.4ish, and now its going side ways in the 1.20ish area, not sure really if I should chase it or not :) i think it is over extended but might get a move if a volumes come in.

if it breaks the 1.40ish level it should keep going. thats what I think :)