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Teranga Gold Corporation T.TGZ

Teranga Gold Corp is a Canadian-based gold company with assets is production, development, and exploration situated on prospective gold belts across West Africa in Burkina Faso, Cote d'lvoire and Senegal.


TSX:TGZ - Post by User

Bullboard Posts
Post by nailation Jul 11, 2014 1:18pm
432 Views
Post# 22737425

Gap Filled

Gap FilledAs I've alluded to in the past this move was going to be to the $0.88 level. This is where a technical gap was left back in April - after the financing was announced. Stock is strong although yesterday's strong open left another technical gap between $0.80-$0.82. We'll see if that gap fills.  I suspect at the very least that we trade around the $0.88 level for a whole as we consolidate. However the 50DMA is approaching the 200DMA which means we could explode upwards when it crosses. 

If it does get down to that technical gap at $0.80-$0.82 that wil be an excellent price to pick up some more shares as we may never see that level again. 
Bullboard Posts