RE:Head and shoulder pattern for those that can read a chart !! Anyone dumb enough to listen to "gamer"? lol
Results are in the lab and 'pending'
Anyone with the nuts to short this stock?
Anyone believing they can buy cheaper because of a half baked 'head and shoulders' is as stupid as their name is obvious.
If TA was really relevant for GBR which it isn't i could just as easy say 'look we have a nice double bottom forming.. lol
A far better way to get some VALID indications of the most likely 'next move' would be to re-read the most recent news release:
"Chris Taylor, President and CEO of Great Bear said, "With aggressive drilling we have now completed 14 drill fences spaced from 50 to 800 metres apart along 3.2 kilometres (or just 18%) of the LP Fault and have a large number of drill results pending. New observations have transformed our understanding of the LP Fault mineralization system. We have observed similar and correlatable geology and/or mineralization styles within all drill holes intersecting the structure to-date. We will continue to utilize sub-zone names such as Bear-Rimini, Yuma and Auro for geographic reference, however it now appears these are portions of a continuous mineralized system spanning kilometres of strike length which remains open along strike and at depth."
Read more at https://stockhouse.com/news/press-releases/2019/09/30/great-bear-completes-14-drill-fences-along-3-2-kilometres-of-the-lp-fault-bear#lJCvCKPsZeZd3Qx7.99
gamer007 wrote: I like the story................but this head shoulder pattern is going to break to the downside with the right shoulder closing lower today !
Without news and any weaking of gold price it's weakening............it's trading below 20 day moving average as well..............always a down trend signal.............be careful out there !!!!!