Gawk Inc (OTCMKTS:GAWK) Headed Back to 1c

Gawk Inc (OTCMKTS:GAWK) Headed Back to 1c

Gawk Inc (OTCMKTS:GAWK) Headed Back to 1c

GAWK INCORPORATE closed up 0.000 at 0.004. Volume was 26% below average (neutral) and Bollinger Bands were 74% narrower than normal.

Open High Low Close Volume___
0.004 0.005 0.004 0.004 2,399,999

Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 0.00 0.00 0.01
Volatility: 89 150 277
Volume: 1,164,196 3,758,507 2,195,162

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

GAWK INCORPORATE gapped up today (bullish) on normal volume. Possibility of a Runaway Gap which usually signifies a continuation of the trend. Four types of price gaps exist – Common, Breakaway, Runaway, and Exhaustion. Gaps acts as support/resistance.

GAWK INCORPORATE is currently 42.5% below its 200-period moving average and is in an upward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect volume flowing into and out of GAWK.PK at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on GAWK.PK and have had this outlook for the last 14 periods.

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 77.1930. This is not an overbought or oversold reading. The last signal was a buy 26 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 56.99. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 28 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 313.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a sell 2 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 22 period(s) ago.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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2 Responses to "Gawk Inc (OTCMKTS:GAWK) Headed Back to 1c"

  1. Jeffrey Adams   May 25, 2016 at 2:37 am

    Annual Report posted verifying a lot of what the company has been releasing. Great revenue increase and working through their acquisitions for expansion.

    • Paul Ebeling   May 25, 2016 at 3:09 am

      Thank you Jeffrey. All the best, Paul

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