Lots to pick from, but getting ready to run, limits the field... here's one... something to keep in mind with this particular chart... is that it is deceptive unless you are used to it... such that when compared to a StockCharts chart.... it looks less whippy, and more represents trend motion... such that the bollinger is very sensitive to upper crossovers as topping signals. Looking at a Stockcharts chart may be a little intimidating compared (StockCharts charts can often be very volatile looking). What this means is that, for the chart below... (a TD Waterhouse real time... level II)...so long as there is no upper bollinger crossovers in the chart posted below... depending on the fundamentals.... toppy indications in the Stockcharts chart are going to be ignored by this chartist. The best entry with tight stop considerations would be from 1.03 to 1.08.
I continue to speculate... GGA.TO is a little whippy intraday... however I'm seeing a pattern, (IN THE STOCKCHARTS STUDY) that I have seen before (difficult to describe), and that pattern is suggesting the stock is in a transition from oversupply to undersupply right in the middle of volatility (the wide intraday swings, and dojies are very bullish suggestion on the chart), and is likely to make further moves to the upside... the chart is extremely strong in an uptrend.
Those long candle tails suggest distribution on one side and accumulation on the other (buying the dips), however on the chart, the distribution appears to be thinning out to the upside.
If you can picture a Willie Cyote cartoon where the legs on the road runner are a circle blur, you have a pretty good mental picture of the motion to come.
Supporting indicators suggest uptrend.
StockCharts Public Chart List I will be updating the Public List Monday or Tuesday.
It is going to go one way or the other pretty quick... IMOP.... Seeing Mexico
I'm bullish. Bing GGA.TO Search
Some very worthwhile considerations in the strong speculative area.... I will be looking on Monday/Tuesday to take a position that over the last few weeks may repeat, and present itself under the usual early week pressure.
AGG.V - GHV.V and GOZ.TO are 3 others out of Ticker Trax mentions on Stock House ...
GLTA Lostoutwest
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