Hellix Ventures HLLXF, Global Entertainment Holdings GBHL | Today’s Penny Stock Report

Global Entertainment Holdings Inc. GBHL

Yesterday, GBHL woke up and traded ten times its average daily volume. The stock opened at .14, and subsequently hit a high of .20 before dipping back to .103, and closing out the day strong at .15.

 There a few highlights on the GBHL chart that we have pointed out below. A rising RSI, coupled with an impending Golden Cross, and increasing volume, leaves us feeling bullish on this stock.

We feel that GBHL is just starting to break out of its shell, and granted that this is our first mention of the play, it seems that we arrived just in the nick of time to observe an exciting period of trading for the stock.

Hellix Ventures Inc. HLLXF

HLLXF dipped to as low as a 1.38 on Wednesday, and managed to close at its high of day of 1.65, for a 20% intraday gain, and an overall 10% gain on the day. We also like to see a stock close with some momentum, an occurrence which is often indicative of continued activity.

The stock traded 2 1/2 its three month average volume as well, another good sign moving forward.

We are always eager to participate in mining plays, especially with the market conditions being so favorable with respect to precious metals.