GBHL close another session solid green up 18.28% to $0.13 – there is definitely something HUGE in the works with GBHL, and judging buy today’s action, investors are super close to a MAJOR breakout that can see record prices, and “Blue Sky” levels.
Belize City, Belize -- (SBWIRE) -- 02/27/2013 -- Xtremepicks penny stock newsletter looks at Global Entertainment Holdings (GBHL:Pink). Sign up for xtremepicks FREE newsletter here.
GBHL just confirmed a bullish “Golden Cross” formation - the Bullish of all Bullish indicators and a definite sign of a MAJOR rally – just as we have seen with EKNL at very similar trading levels of $0.12 – $0.13.
Investors seen first hand what golden crosses and breakout triggers can do. EKNL soared to book 1,900% gains soon after a golden cross triggered a monster rally hitting a high of $0.80. GBHL is right now at these key levels, and no doubt at prime accumulation levels.
Now for technical chart traders, GBHL’s technical chart definitely screams “Strong” Buy, and primed for a major run.
Check out the comparison chart between EKNL’s monster rally, and GBHL which is on the cusp of a similar rally where we can see record prices in short order.
The key trigger here is definitely the technical indicator of a golden cross, fueled by key fundamental news expected to be unleashed by the company, investors have a perfect storm for HUGE gains.
When we see golden cross formations with our plays we get really excited and we will definitely will be front and center scooping up many more shares. As we seen time and time again, GOLDEN CROSSES TRIGGERS MONSTER BREAKOUTS!
What Does Golden Cross Mean?
A crossover involving a security’s short-term moving average breaking above its long-term moving average or resistance level.
Golden CrossInvestopedia explains Golden Cross
As long-term indicators carry more weight, the Golden Cross indicates a bull market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new support level in the rising market.
We are very confident we will see $0.50 prices levels breached on GBHL fairly soon, and with KEY updates expected from the company at any time, this is going to get really wild.
About Global Entertainment Holdings, Inc. (OTC:GBHL)
GBHL is a publicly-held, entertainment company. The Company’s goal is to build a worldwide entertainment organization with a multitude of domestic and foreign production affiliates. GBHL, operating through its wholly owned subsidiaries, Global Universal Film Group, Inc., and Global Universal Entertainment, Inc. (http://www.GlobalUniversal.com), is in the process of developing and producing a slate of motion pictures, employing recognizable-named talent, for worldwide release. GBHL is focused on the financing and marketing of these feature-length films. GBHL, through another wholly owned subsidiary, You’ve Got The Part, Inc. (http://www.YouveGotthePart.com), will attempt to capitalize on the current popularity of Hollywood and reality based programming by casting small roles online that anyone with a digital camera can apply for.
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