RE: RE: What do you know !!!Breakout?
Lifers will note that we've traded this $.18 to $.28 range all year. Buy the lows and sell the highs have been our mantra.
Now? A couple of scenarios to think about prefacing my commentary with I DON'T KNOW - NO ONE ELSE HERE DOES EITHER!!!
:)....full disclosure.
https://stockcharts.com/h-sc/ui?s=GNG.V&p=D&yr=3&mn=0&dy=0&id=p39197701046
1) We "breakout" into the low to mid $.30's. Good looking chart, pretty much higher lows since the crash.
2) We hit a few buy stops and then roll back to the low $.20's....as ALWAYS. Resistance kills us.
My sense is that with volume ticking up of late coupled with the aem deal, GNG could easily climb back up into the mid $30's. Where are the buy stops? And how will any " breakout...if it occurs " be bought or sold?
GNG lifers do deserve an xmas present. Even our BASHERS!
HO...HO...HO...
GLTA and to all a good nite!
p