Sunday, May 9, 2010

Technical analysis: GOIG

*Chart taken from www.stockcharts.com

Alerted on this blog multiple times. First at $0.003 on feb/9 link.
Link to chart: link
Link to google finance: link
Company website: link

Support :  0.022, 0.02, 0.016
Resistance : 0.03, 0.035, 0.06

GOIP Global Inc (PINK:GOIG) (GOIG.PK) has been a huge return for a lot of investors. We first alerted this on our blog when the price was just 0.003. Now trading at 0.024, this stock has given a return of 700% at the close, and a return of 1900% at the very high spike of 0.06. GOIG may be a good one to keep an eye on again as it is resting on a good support line. Consider the support and resistance levels above for effective trading. A break above 0.03 should be highly bullish. As long as the stock stays above the support levels, there are good chances it should continue to go up and give steady returns.
*Please do your own research before buying any stock listed here.

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