GRAND : Ramp in progress.
March 9, 2011 Leave a comment
Looks like someone is having fun ramping GRAND. In terms of technical levels, there is key resistance at 3.20, then 3.36-3.38. First support is just above 3.
If you enter this type of stock for a quick punt, it goes almost without saying a stop loss is a must.
We view 2.90 as its first real support, but we don’t trade stocks this anyway. If you are a fan of volatility try gold instead.