$GSS cashcow/laggard, Trying to break the TL.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?
GSS trade ideas
$GSS fresh monthly candles. This things bottomed. 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.
$GSS nice accumulation pattern on the 1h chart. 2.6 break$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.
$GGS - reminds me of that old North by North West line...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?
$GSS into the blue. See how they close it.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.
$GSS - accumulation VCP setup. I want to be long above 2.05Now a nice 10 week accumulation style base. See if it moves and closes above 2.20 this week.
$GSS Cup and handle contraction setup. $2.05 the break.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.
$GSS Quarterly results support the sp. Or is it the other way?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.
$GSS - Not much of a wedge man. but this ones staring at me.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 - the price pathway seems clear. Tender?Big move and sideways digestion. Wait for the break of trendline and see if thats with volume.. Thats the theory. Wait and see.
GSS - big gap up on Covid Detection KitGSS 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.
$GSS perfect traders chart butPerfect 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.
A triangle in the making ?the recent decline seems corrective, maybe a bullish triangle correction is in the making
$GSS take 2. 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
$GSS - Genetics Signature is it time to buy now?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. This is in line with the decreasing volume.
For entries, see below for daily chart.
