Sometimes charts offer the direction where share prices may go. With small cap stocks, news items usually have more influence, however sometimes they coincide. Next week the chart for GHDC will have a golden cross [where 50day crosses the 200day]. The last time I mentioned this was in May I believe and with that golden cross which occured at .028, took the share price to .125 about 2 months later... In view of this, chances are very good that we may soon receive some substantial news and will launch from this higher level of .04....How high we go is anybody's guess and likely news dependent. The lack of selling pressure is also indicative of better days ahead, especially during the ugly markets this last few weeks.
cheers