GOR 1.25% $1.98 gold road resources limited

bounce due, page-2

  1. 3,904 Posts.
    came up on my other scan too. This one is the "is converging" scan.

    In other words is in the sort of position where the price action has narrowed to a point it can only do one of two things - go up or down <- amazing that!! - but requires mr market to make up his mind one way or the other. It also means the previous movement has come to an end - perhaps temporarily but has none the less has wound itself out.

    Hate this - here I am looking for something else and what pops up - the same thing I am holding....
 
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