Needs a close over 137.5. $HLS is category leader and absolutley flying, whilst GSS can't catch a cold, sorry bid.. until today.
PUMP into the March FDA annoucement?
By the look at that chart a move above 1.60 confirms a bottom on this one, turned like the Queen Mary.
Horrific trader very tightly held so don't pay up. wait for it or buy the right levels.
$GSS still being accumulated. Cup and handle/contraction pattern setting up on the 1h chart. Looking for a buy between 2.56 & 2.60.
Covid testing tech.
bouncing in all the right places. Nice article in the AFR? and it bounces beautifully off the 20 day. Amazing timing. Wonder if the elusive FDA approval will materialise?
Its an overrated statement that they've been holding this stock, but they've been holding this stock back. Into new all time highs as JC says, we won't to be owning these sorts of stocks. This is a acquisition candidate now imo.
Love to see selling dry right up and a couple of tight days sideways followed by a move on volume through 2.05/2.20. Really like seeing a third contraction to load up on the brick.
Got to see that happen first.
ATH close tonight. Seemed to be itchy to break $2 before the close. Looks like Q4 revenue should be a minimum of $5M which is over 200% increase on any other quarter. A growth stock if ever I saw one. See if it follows through tomorrow and then onto who knows where.
If GSS look like winning the Federal Govt tender for Covid 19 testing, they have a habit of breaking that downward trendline. Spin the wheel. Its a gamble from here.
GSS had one of the better bases going around in this market. Up big today on news of an application to use their CoV 2 Detection Kit.
Stop just below todays low and see what happens.
Manage em tight.
Perfect volume signature. But still a seller holding it back. See if the big seller can be worked through or does it need a positive earnings guiadance announcement for the market? TWT.
Aside from the bizarre eofy buying, this things been stuck in a range digesting a stellar run. Given the support around a $1 it looks set for another attempted Breakout/Run. #twt
On the weekly note,
We have a weak bullish TK cross, prices have closed above the cloud which is a good sign that the current support at $0.38 holds. Currently it is a long term hold if you are looking into buying $GSS.
Short term outlook: RSI is hovering close to oversold conditions, Chaikin Money Flow is dropping and that means the buying power is weakening....
