Morning Star Gold, Australia's 25th largest gold company by market capitalisation, has strengthened above its trend. The MACD indicator (12 day EMA-26 day EMA) is positive, a bullish signal. In the past 26 days this indicator was positive for 20 days, suggesting further upside. The stock rose for a second day on Thursday bringing its two-day rise to 4.0c or 13.3%. The stock price jumped 2.50c (or 7.9%) to close at 34.0c. Compared with the All Ordinaries index, which fell 13.7 points (or 0.3%) on the day, this was a relative price change of 8.3%
http://www.buysellsignals.com/10211340
MCO Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held