GSI-penny stock to watch for next month

Wednesday, January 26, 2011 by lemonna ·


GSI Stock Analysis
GSI - General Steel Holdings, Inc listed on NYSE.
GSI - Sector: Capital Goods, Industry: Constr. - Supplies and Fixtures.
GSI is currently in an uptrend.
GSI gain 1.57% on 01/26/11 and a total percentage of 6.58% in the past 4 days
GSI is trading in the range of $2.37 - $3.03 in the past 30 days.
Commodity Channel Index (CCI) is bullish for GSI.
GSI formed a Last Engulfing Top signal.
GSI formed a bullish Price & Exponential Moving Average Crossover signal.
Average volume decrease over 5% for GSI.
Stock performance base on day of week in the past 90 days.
Monday: -0.44%
Tuesday: -5.82%
Wednesday: -1.87%
Thursday: 0.85%
Friday: -0.63%

 

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About this blog

I am a day trader. I think Day trading is more profitable than long term investment.For daytraders, there is one thing should always to remember- set a stop loss. In my first year in trading, I wasn't care about the stop loss,I lost a lot of money and I re-studied, watched and paper traded again.Then I made big profit return in my next two years.
Technical indicators is definitely a necessary tool for day traders and easy to learn, so I here to share my experience and provide you useful stock resource and online stock trading tips.
How do I trade:
Normally, I use combination of technical indicators such as MACD,slow stochastic, RSI,Moving average to pick the stock I want. I like to trade stock with support and resistance, or the stock with MACD and Slow Stochastic Divergence.