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Bullboard - Stock Discussion Forum Sulliden Gold Corporation Ltd T.SUE.WT

Metals & Mining Gold

TSX:SUE.WT - Post Discussion

Sulliden Gold Corporation Ltd > Break Out Confirmed
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Post by play_n_lay on Aug 22, 2011 9:55pm

Break Out Confirmed

Hows that for a pure technical breakout. We smashed through the 50DMA on solid performance by gold and gold equities.

Our breakout was confirmed by 3 times our daily average volume. Watching the interday action, lots of volume again on the buy side. Next stop 200DMA. If we can break through that we are set for a very strong ralley, possibly up to the 52 week high. Our fundamentals certainly support a much higher SP.

GLTA
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