Monday, January 4, 2010

GOIG - Another 200% Guru Alert

Only last week we alerted readers to GOIG.  The stock had hit new lows at $.0004 and we thought a quick 100% gain could be had from those levels.  It turns out a quick 200%+ gain was to be had.  Some Guru readers have been making out like bandits on our recent alerts.

This is the chart we posted a little over a week ago illustrating the oversold conditions that GOIG was exhibiting:





This next chart is what happened after we alerted readers to GOIG's bounce potential:





We put targets on GOIG and pointed out $.0015 as the first level of real resistance.  Look for a test and break of that mark to indicate whether GOIG has more room to go.  The next line in the sand is $.0025.  That would amount to a 600% alert for the guru.  Let's get to $.0015 first and see what happens from there.

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