I agree...this is one to watch
Here is the Sharpchart (there are no pinchers, I checked)
GNBT - SharpCharts from StockCharts.com
It cannot be seen here but the Bollinger Bands are like a long tight tunnel and I like the position of the share price within this formation, bouncing off the top of the 20dayMA...very nice
You can see that the share price has tracked just below its 50 dayMA and now it is headed in a way that looks like it will challenge this line in the near future.
The TRIX is arching strongly positive, the RSI is flatlined about 50% looking like it is staging for a rise too. The Accum/Dist is unchanged and negative but that does not bother me too much.
Here is the P&F chart
Firm support is at $0.32 the resistance is at $0.35...almost as though we have reached the apex of a pennant....this is a critical time for sure. That next resistance is at $0.39....This is close to the 50dayMA and break this and it is clear sailing to $0.50
Here is the 5 day Bigchart.com linechart
You can see that strong support at $0.32, can't you? The resistance at $0.35 is shown at a lesser rate. The tightened BB's in this chart shows there will be a jump/fall of significance on opening....I'd bet it will be on the upside.
Yes this is a stock to watch all right