Trade Setup
Global Tech Industries Group, Inc. does not have significant operations. Previously, it was engaged in various clean-tech solutions, environmentally friendly technologies, and intellectual properties in the areas of hazardous waste destruction, energetic materials, chemical recycling processes, and coal gasification. The company was formerly known as Tree Top Industries, Inc. and changed its name to Global Tech Industries Group, Inc. in July 2016 Global Tech Industries Group, Inc. is based in New York, New York.
Stocks found in this category are low priced stocks priced between .50 and $4, with at least 50k shares of average shares trading per day. The stocks are pausing a trend either up or down, with a new bar over the prior day open or close. These are high reward to risk stocks with the potential for very sharp moves. A stop should be maintained at the low of the prior day. Target prices for exits can be determined by using the next level of resistance higher or by using Fibonacci resistance levels found using TradersPro.
