GSH had a very impressive run after touching the low of 30 cents on 13th Sept 2016 and it had managed to stage a strong recovery and head higher to touch 45.5 cents on 27th Oct 2016. Couple with super high volume this is rather bullish/positive.
The first breaking out was the confirmation move for it to cross over 35 cents on 24th Oct 2016 and it had managed to follow-through for the next few trading session and touches the high of 45.5 cents on 27th Oct 2016.
Both Macd & Rsi are also showing this positiveness with both the indicators heading higher.
Short term wise, I think it may likely move up to take out the recent high of 45.5 cents and head higher towards 50 cents. Breaking out of 50 cents may see further upwards move towards 55 cents then 60 cents.
(trade base on your own decision)
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