Greenchek Technology Inc. - GCHK

[pro_trader]

Shares of Green Technology (GCHK) held up quite well in today's turbulent market. This is a very hot sector and this stock should be purchased on any weakness. Trading at around $0.83 this stock will probably go back to retest the recent $1.00 high.

GreenChek Technology Inc. (OTCBB:GCHK) announces today that on August 28, 2008, Ms. Antoinette Boquiren was appointed Chief Financial Officer of GreenChek Technology Inc. She brings to the Company extensive experience in financial management and compliance issues. Ms. Boquiren is a Certified Public Accountant with 15 years of experience in business management and accounting. Ms. Boquiren is a Partner at Global Forensic Consultants Ltd. since 2006, a Hong Kong based firm specializing in forensic accounting and providing investigative accounting services to clients in Asia, United Kingdom and the United States. Ms. Boquiren graduated with honors from the University of Alberta, Canada with a Bachelor's Degree in Mathematics and Statistics in 1989 and a Bachelor of Arts, Psychology from the University of British Columbia, Canada in 1992. She is a Certified Fraud Examiner (CFE), Forensic Certified Public Accountant (CPA) and Business Valuator Accredited in Litigation (BVAL).
About GreenChek
GreenChek Technology Inc. (GreenChek Technology Inc.) is traded under the symbol GCHK on the OTCBB exchange and is based in San Francisco, California. GreenChek manufactures and distributes hydrogen injection technology which is primarily focused on mobile transportation applications, as well as stationary power generation applications. GreenChek provides innovative world class mobile Greenhouse Gas (GHG) emissions reduction technology, while greatly enhancing fuel economy for the mobile transportation industry. GreenChek's Onboard Hydrogen Generation and Injection (OHGI) technology is positioned to occupy the pre-eminent position in the emerging market for emissions reduction technology and fuel economy enhancement. GreenChek has operations in the United States, Canada, Asia and Europe.
Safe Harbor Statement

[pro_trader]

Whie the markets shed another 4-5% today, shares of GCHK continue to hold up well. Infact, the stock refuses to fill its August 22nd gap higher on a closing basis. This stock will probably retest its previous $1.00 high which would a terrifc return given the current $0.79 cent level it is trading at. Buyers will come out in size when this stock closes above its $1.00 high. Therefore, it is suggested to begin to build a position now in this high growth company

[pro_trader]

Given the constructive bullish key-reversal day we experienced on Friday, shares of GCHK managed to hold up very well and has given a mildly bullish signal with the %K (short average) crossing back above the %D (longer average) from well outside overbought levels. The MACD differential also appears to be stabilizing and setting the stage for anotherr bullish move in the coming days. Aggresive traders may want to cosider purchasing shares at current levels.

[Stock_Analyzer]

Nice support at .70 with resistance at .84 and .88 ahead

[Stock_Analyzer]

Here is a VIDEO chart for GCHK as it nears some support levels. Keep it on radar imo

GCHK Video Link Click Here

[Stock_Analyzer]

GCHK 1.05 nice! up 38% today, video chart link below. Hit all of our targets today. Nice job!

[pro_trader]

As I have been preaching for the last several days, shares of GCHK were setting themselves up for a major pop. And today was the day we got that pop. Following a research report from Beacon, shares surged as much as 47% during the day before closing at a respectable 36% gain. Volume (a confirming indicator) was also very impressive. Now that the stock has traded (and more importantly closed) at a new all-time high, a whole new class of traders will be looking at this stock---those momentum traders that ONLY buy stocks that are making new highs. Even after this incredible move, shares are far from overbought. Shares should be bought on ANY weakness!!! Shares look to reach $1.30 in the near-term

[chuck44l]

Up 37% on 400,000 volume Congrats all.

[pro_trader]

Shares of GCHK continued their advance today gaining another 2% by the close. Shares have considerable upsde left as indicators have not even begun to enter into overbought levels. We reached $1.18 getting increasingly near my initial price target of $1.30. Stay bullish on this name and use any weakness to purchase more shares.

[Technical_Indicator]

Monday, September 29 2008 7:00 AM, EST

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GreenChek Signs LOI With Technical Environmental Solutions Europe

Business Wire "US Press Releases "

SAN FRANCISCO--(BUSINESS WIRE)--

GreenChek Technology Inc. (OTCBB:GCHK), a leading globally focused
provider of hydrogen based technology for mobile transportation and
stationary power generation applications, announced today that after
months of a thorough selection process and collaborative negotiations
they have signed a Letter of Intent (LOI) to form a Strategic Alliance
with a world-class distributor, Technical Environmental Solutions
Europe Ltd. GreenChek manufactures an emission reducing device simply
known as the ERD(TM) 1.0, which can be retrofitted to any vehicle
regardless of fuel source.

"We couldn't be more thrilled with this alliance," announced
Lincoln Parke, GreenChek's President and Chief Executive Officer.
"Partnering with TESEL allows us to move forward and execute quickly
on our strategic plan which calls for rapid implementation in key
European territories and vertical markets."

About GreenChek

GreenChek Technology Inc. (GreenChek Technology Inc.) is traded under
the symbol GCHK on the OTCBB exchange and is based in San Francisco,
California. GreenChek manufactures and distributes hydrogen injection
technology which is primarily focused on mobile transportation
applications, as well as stationary power generation applications.
GreenChek provides innovative world class mobile Greenhouse Gas (GHG)
emissions reduction technology, while greatly enhancing fuel economy
for the mobile transportation industry. GreenChek's Onboard Hydrogen
Generation and Injection (OHGI) technology is positioned to occupy the
pre-eminent position in the emerging market for emissions reduction
technology and fuel economy enhancement. GreenChek has operations in
the United States, Canada, Asia and Europe.

Safe Harbor Statement

Statements in this press release regarding GreenChek's products,
services, capabilities, performance, opportunities, development and
business outlook that are forward-looking involve and are subject to
known and unknown risks, uncertainties and other factors, some of
which are beyond GreenCheks's control and difficult to predict, and
could cause actual results to differ materially from those
anticipated, expressed or forecasted in the forward-looking
statements. Such risks and uncertainties may include, but are not
limited to: lack of operating history, transitioning from a
development company to an operating company, difficulties in
distinguishing GreenChek's products and services, ability to
manufacture and deploy GreenChek's products, lack of or delay in
market acceptance and fluctuations in customer demand, dependence on a
limited number of significant customers, reliance on third party
vendors and strategic partners, availability of raw materials,
subassemblies and components, ability to meet future capital
requirements on acceptable terms, continuing uncertainty in the
emissions reduction industry and the global economy, compliance with
federal and state regulatory requirements, timing, availability and
success of new technology and product introductions and the other
factors discussed in GreenChek's filings with the Securities and
Exchange Commission.

Source: GreenChek Technology Inc.