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Morning again,
And what a great day it is. The picture perfect breakout in GROC is in full force.
This morning it traded up to around $0.0215 for a 40%+ gain before pulling back to support. Best of all there was no gap up.
Now we see strong support coming in between $0.0140 - $0.0150. This could be a great sign so watching this level to hold is important.
The technical breakout is prominent and is on thousands of traders screens, so I wouldn't be surprised at all to see a move higher from here.
All the best.
S
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Morning all,
Last night I showed you a hot breakout chart in GROC. I hope you've had a chance to review because this could be one massive trade today.
GROC announced news this morning which could accelerate the breakout...
Cyberworks Robotics Announces Re-Entry into Industry it Created 30 Years Earlier
TORONTO, October 13, 2015 /PRNewswire/ --
Great Rock Development's (GROC) wholly owned subsidiary Cyberworks Robotics announces a return to the Robotic Industrial Cleaning market.
As the world's oldest autonomous mobile robotics engineering company, with over 30 years of pioneering experience, Cyberworks has again revolutionized autonomous robotic vision and guidance systems, this time redefining the way industrial space will be cleaned.
"We were the pioneers in this massive market decades ago" explained Vivek Burhanpurkar, President of Great Rock. "Some 25 years ago Cyberworks worked with major companies in this industry to manufacture and sell Autonomous Robots for Industrial cleaning" added Burhanpukar. In the United States alone, commercial cleaning is a $25 billion dollar a year "invisible niche industry" where
50% of costs are attributable to labor. Said Burhanpurkar, "We are not interested in the consumer market where products like Roomba dominate. The industrial market is a totally different animal and we know the major multinational players within it."
"We created this market, in partnership with leading industrial companies, when we developed the world's first industrial robotic sweeper and the technology we have today is once again years ahead of the competition. Industry participants will now be able to retro-fit the Cyberworks Guidance System into existing fielded equipment, creating an inexpensive robotics machine" explained Burhanpurkar.
To read in full visit http://finance.yahoo.com/news/cyberworks-robotics-announces-entry-industry-115500211.html
All the best today.
ShiznitStocks
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Hello fellow investors / traders,
If you only do one thing tonight, it must be to check out tomorrow's trade - Great Rock Development Corp (GROC).
In two words, KILLER CHART.
GROC is breaking out in a big way and has a ton of momentum on its side.
What started this buying frenzy? The company issued this press release last month telling investors the company is divesting one of its under performing subsidiaries, which will strengthen the balance sheet and the company will become debt free. The company also stated they are reducing outstanding shares by a massive 38%.
News like this really captures trader's and investor's attention.
And the momentum has continued with the Company's latest news, that they have acquired a pioneering autonomous robotics company, Cyberworks Robotics Inc.
Check out this nice technical breakout chart...
GROC closed today right at the major breakout level of $0.015 (recent previous highs) and has a strong uptrend and support. Level 2 is also strong.
If GROC can breakout past $0.0150, we could see a major momentum fueled run higher.
Great Rock Development (GROC) design and implement a variety of solutions, including automation in order to streamline labor and energy costs while improving speed and efficiency within the workplace. GROC's business solutions span several industries.
From agricultural fields to manufacturing and big box super-stores, and to remote mining operations, Great Rock develops solutions to enhance the efficiency and cost structure of their client's business.
In addition, GROC works with global OEMs to provide next-generation, low-cost add-on autonomous navigation modules for their existing and future products.
You can learn more about GROC at their website http://www.greatrockdev.com/
I think tomorrow is going to be a big day for traders of GROC. The momentum is pointing higher, the float is small and the technical's are aligned perfectly.
If GROC can break out through $0.0150 which is a highly likely, we could see significant gains as traders and investors chase and short sellers cover (buy back their shares).
I urge you do look closely at GROC tonight and make sure you are at the opening bell on time tomorrow morning. I will of course update you with any news in the morning.
ShiznitStocks.com
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