Stock in Focus: Global-Estate Resorts (GERI)

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More than four months have past and yet the stock of Global-Estate Resorts (stock symbol: GERI) is still mired in consolidation in the mid-1.00s.

On the upside, price needs to break 1.60 so buyers can attack the 2.00 psychological level.

The Commodity Channel Index (CCI) is now above the zero level after coming off the 100 level.

With price in consolidation, you should find other stocks to monitor. Leave GERI alone for now.

GERI Daily chart, January 16, 2014

GERI Daily chart, January 16, 2014

 

 

2 Comments

  1. Another “silent request” :)

    Let me know if you have specific stocks in mind. I will be reviewing the index stocks soon.

    • Thanks for the heads up on GERI, Trading Phoenix.

      Thanks too for your comments on my blog. It’s an honor for me.

      Keep on posting!

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