Post by
TSITrader on Jun 13, 2010 9:30am
GBG is stealth
I've put together some miner stocks, including GBG, and thrown them on a website to share for conversation:
https://www.thetsitrader.blogspot.com
I include charts with True Strength Index analysis, and projected earnings data from Kitco.
GBG is now showing interesting sign of stealth. If interested, you can look at my chart and see how the momentum indicator is rising as the stock price essentially is consolidating sideways.
The $2.00 price has been tested 3 times in the past year and I suspect that the next time it is tested GBG will break right through and then there would be little resistance until $3.00
Hey, GBG has 2010E of
.05 and 2011E of
.21 (Forward PE of 8.4) - so there is a whole lot of upside for this stock once it breaks out, IMO.