Today GTSO pulled back from yesterday's close of $.194 and ended the session at $.18. I still feel a very sharp rally is coming for this stock as it has fallen so dramatically. I do think this stock is at an important juncture. For three sessions its held up nicely with solid support as compared to recent periods. Today large blocks came on the ask at $.18 and each time buyers came in to purchase those shares. This leads me to believe buyers are coming back into this stock. If the selling abates, this stock could rally from here. Of course the selling could pick-up and GTSO could fall further. There is no telling for 100% sure what is going to happen.
What we do know is this stock is incredibly over sold. It has been in this condition for over a month.
GTSO per the company web site: GTSO offers you the ability to own your own piece of the precious metals sector without having to physically store the commodity.
http://gtsogold.com/
With gold and silver continually catching a bid and hitting all-tiem highs this year, stocks that deal with these precious metals should be in demand now and into the future.
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