PRICE MOMENTUMBravo shares showed excellent movement today on relatively light volume. The heavy volume of recent days subsided but yet price moved up strongly. Think what will happen to share prices if we now get some good news.
I think we are about to find out. Given the company's timing of past news releases I expect to see something before month end. There is no real resistance until about $.70 and if we blow through that we move sharply higher, quickly.
Bullion appears to be setting up for a move up through $1,160 - $1,170 and building momentum for an assault on the old high of $1,229. Release of positive news in this environment could provide an explosive upmove.
GLTA,
rg