Reminiscences Of A Trader

Monday, July 17, 2006

Global Voice



Based from the weekly chart above, Global Voice is currently trapped in a downtrend channel with lower highs/lows seen. Immediate support is at 0.125 followed by 0.105.

I used to trade this stock actively in the 2nd half of last year as the stock's price rose from a low of 0.05 to a high of 0.22 within a short period of 6 months. Unfortunately, there are some investors and punters alike caught buying at the high levels. For those with vested interests, keep an eye on the critical support level at 0.105.

0 Comments:

Post a Comment

<< Home