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.