Please read...The
stockchart you showed could be that of almost any junior explorer. It'sidiotic to suggest that the general decline since 2008 is gng-specific. So Bogapet, where will this stock be three months from now? What do the moon beams tell you?...
Your post shows you don't read and/or don't understand TA
1)Chart could be any other jr? NO - my point was EVERY gap up with GNG has been a selling opportunity since 05;.
Not TA - factual price action. Not a general decline - our spikes higher - ALL faded. FACT!
2) What do moon beams tell me? TA DOES NOT predict FUTURE prices! OMG! It is a tool - period. Past performance of a stock on a page - price and volume which i think are important. Helps with buy/sell stops. Go ahead and ignore TA when most traders use it. Especially now - the S&P's where fundamentals don't matter - chartmonkeys trading the channel - buying the dips and selling the rips.
https://www.decisionpoint.com/TAcourse/TAcourseMenu.html
GLTA