Folks...I mentioned a few times on twitter over the past days how GURE was looking bullish to me and nothing has occurred on the chart to sway my initial thoughts, in fact, I initiated a long position in the stock this week, when it crossed its 20-day moving average. Looking at the chart, the stock has been in a short-term uptrend, making higher highs and higher lows and it has been steadily finding support on pullbacks. Result of increasing price turn shows that MFI is increasing again. MACD Histogram is confirming an up trend. The resistance of up trend which will be considered next week is defined at $2.50. This stock can pop big time on any positive news. I keep my long position in it.

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