GMA7 is Back on Top!

Base on the following chart GMA7 is uptrending again moving up to 7.2   from its lowest point of 6.2 after several weeks of consolidation or flat trend. As shown below , the Green Candlestick indicates a bullish or uptrend supported by large volume 1M . Also the momentum MTM1 is pointing up while the MACD is
showing a green arrow pointing up. All these indicates an uptrend on the price.

GMA7_20Jan2012

If you have extra money I suggest to buy GMA7 at P7 /share and let it run until you see that the indicators turn down on the opposite direction.  As always a daily check on the trend is what makes one profitable.

If you have followed my advise and bought Wellex Industries for 0.34 yesterday , you're one of the lucky winner as the stock went up to 0.52 per share today. Another uptrending stock is EEI  which may be bought at 4.4. The bullish  chart is shown below :

EEI_20Jan2012