$GIBO drowning, but holding Key Support Above $0.065

Now at $0.0731, GIBO is trading below its 50-period SMA (~$0.0800) but above its 200-period SMA (~$0.0650) on the 30-minute chart. The stock has been consolidating after pulling back from the $0.0975 resistance zone, and the $0.0650 support level is critical to hold for bulls. Seems like it could bounce back up from SMA200. Let's wait for a nice entry confirmation. A clean breakout above the SMA50 could open room for upside momentum. Using UltraAlgo Optimizer to catch the next gorgeous set-up — charting tomorrow’s giants with UltraAlgo.