I don't hold GPN as I already hold a bunch of other penny hopefuls that have been highlighted by catherine davey in the past (ags being one of her successes for me). But good luck to those who do hold (looks interesting) - here's the full TA article you requested - from investorweb. cheers - sis
""Catherine Davey
Greater Pacific Gold Limited (GPN)
By Catherine Davey, 07 Feb 2008
Analysis
If you are a lover of the penny stocks, like me, then you will have probably watched some beautifully nurtured positions give up the ghost in the last few months. For most investors, hit by margin calls and higher mortgage rates, the last thing on their minds is buying that risky little gold/uranium explorer. However this is just the time to start putting some unloved stocks on your watch list; stocks that may one day atone for all the pain we've all taken lately. GPN showed up on my radar today because it was the highest turnover stock on the ASX. In the year 2000 it was trading at 23c and it's most recent closing price was 1.6c. There are two things to like about this stock. Like all stocks with big-mover potential, GPN has not only recorded much higher prices in the past, but it has also spent the last seven years in basing mode. The final low point of that pattern could be unfolding now.
Outlook
There are three places to get bullish about GPN depending on how much you like it. The first is at a close above a short term double bottom pattern at 2.7c. The next is at a close above highs of the 2001-2007 double bottom pattern. That level is at 4c and dates back to 2003. The final area of the chart that triggers is a bullish signal is a close above the recent highs of 7.3c. That event would also confirm another, even larger, double bottom pattern. GPN has the potential to test and possibly even surpass its old highs. In fact, a close above 23c would constitute an even larger double bottom pattern with a minimum target at 45c. Worst case scenario would be a close below the twice-tested 1c low.
Support:- 0.013; 0.01
Resistance:- 0.027; 0.04; 0.073; 0.098; 16.3; 0.185; 0.23"" end of article.
GPN
greater pacific gold limited
