Just in from Dr. PennyStock about GSCR

Submitted from Dr. PennyStock
PENNY STOCKS TO WATCH
I’ve not bought GSCR today because I think that it will go down further.
Yesterday the stock printed 0.006 with the bid at 0.0085 and the ask at 0.0095, someone sold about 20M shares, usually this is a very bad signal, and almost immediately the stock went down to new lows.
Today the stock made new LOD (low of day) and made resistance at 0.0065 (old resistance point) and at 0.0063 (MA50).
Conclusion, the stock is again under this resistance point and under MA50, this is a signal of weakness.
The next trading day, in my opinion, the stock will go down, the next support point is at 0.0035 and it’s where I think the stock will rebound.

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