Technical BREAK OUT.....!!!!!Based on volume, price and momentum we are in a technical break out..............say good bye to 13 and 14 cent paper................15 and 16 is the new " trade out " to hit 18..............
We've been riding the upper bollinger ban for 5 days...........which is in a 45 degree upward pitch.....and this shoiuld continue as long as Slow Stochastics (momentum readings) stay above 80......which is what they have done for 5 days............. the reading is considered embedded !!!!!!
Should be a fun year at Newmont Lake this year !
GLTA