Technically Speaking

Just a few things:


1. On the feathered arrow, note the bottom Bollinger band (which has been off the bottom of the chart for a month), notice how it just peaked its head out yesterday and it is going north fast today. This significant contraction in the Bollinger bands is a sign of volatility and the SkunK believes it has been a reliable predictor of such - in this stock - in the past. I suspect this in itself means we will see some significant movement either up or down in the next five trading days.


Look here for a bot's opinion. "The current width of the bands does not suggest anything about the future direction or movement of prices." I suspect this computer generated opinion will catch up to the SkunK in a day or two. John Henry did win the race, didn't he??



http://www.allotcbb.com/quote.php?symbol=GERS.OB


2. On the standard arrow one can see the 20 day moving average (.0374) has slammed through the 50 day moving average(.034). This is a bullish sign and must be the source of this bot statement:


"Price and moving averages has closed above its Short term moving average. Short term moving average is above its mid-term; and below long term moving averages. From the relationship between price and moving averages; we can see that: this stock is BULLISH in short-term; and NEUTRAL in mid-long term."

Note that the all important 200 day ma (.087) and the 50 day ma (.034) are still moving towards each other and the "spread" has dropped from 6.0 last week to 5.3 today. I think this period of straight line trading (last nine days closes between .047 and .050) is about to come to an end. That means it will go up or down. I do not have enough to tell you which direction. The 3Q may well determine that - or it may move before the release.

Technically Speaking,

SkunK