AFTERNOON UPDATE:
GEI Global Energy Corp. GEIG
We had to send out our readers a quick congratulations this midday on the heels of an epic performance from GEIG following this morning’s pre-market alert. Our closing words in that report told the tale: “Should GEIG break key resistance (.0126), we could be looking at exponential gains from this stock.”
The chances for profits came quick and plentiful right out of the gate, starting at a low of .0098. It very quickly surged through that key resistance that we had pointed out on the chart and barreled its way up to an impressive high of .0349 on well over eleven times its 3-month average volume inside of the first hour.
That monstrous move was good for intraday gains of up to 256%, but even if folks waited for the key resistance to be broken before pulling the trigger, gains of more than 100% were still possible. Thus, we say cheers to any and all who were able to take advantage of this morning’s timely alert on GEIG!
With the way things have started off with GEIG, we definitely want to continue to keep an eye on it. Even after the main thrust of this morning’s spike had passed, the stock tapered back and found support at .015 before bouncing back to .029, so with this type of trading action we’ll be watching closely for further chances to gain.
Once again, if you’d like to learn more about the company, visit www.geiglobal.com