GRNH hits all time low, has been here 3 times before. Can either: 1) drop lower (were going to zero!) 2) reverse split (you now own 1/10th of the shares you previously did) Total Shares Outstanding = 347M. 3) Bounce back up - up - up. 500%? If you really want to have fun, put a limit purchase in around .0022 (previous all time low) - this thing went up 2000%...
GRNH has broken a long term level with a strong impulse and a good volume, probably driven by news. If the level posted on chart holds i'm expecting onme more wave up. A strong breakdown can invalidate this setup.
trailing stop loss close below 8 ema-2 percent risk capital-be precise on limit order
Bullish MACD and PSAR flips on daily + 200MA bounce on weekly. Broke above and closed at 50MA on daily in Friday's trading. Recent company news: - finance.yahoo.com Recent industry news: - www.huffingtonpost.com - www.huffingtonpost.com
GRNH seems to be in a channel with higher high's and lower low's. Using the Awesome Oscillator as my main indicator here. Every time it has gone negative in this short time period it has bounced back to positive with some good price action. Keep your stops tight