Wednesday, February 17, 2010

GFRE

Gulf Resources is an old favorite.  Here is the GFRE Daily Model, which went Long on December 2, 2009 at 9.45, followed by a Short on January 13, 2010 at 13.40.  With the stock currently at 10.36, it is up against resistance and it will take a close above 10.65 to turn the model bullish again.

 GFRE Daily Trend Model

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