Looks like a technical break - take out a few stops. A reversal higher makes it a buy signal and a higher high is a new target. A bit sad really as identical temporary breaks have happened to quite a few decent stocks over the last couple of weeks. I guess people think we are still in a full blown gold bear market and having a dead cat bounce. Aussie gold is up almost 5% from the lows which would normally equate to a 15% rise in gold stocks. Can't shake the pessimism.
CGN Price at posting:
2.1¢ Sentiment: Buy Disclosure: Not Held
