GDO 0.00% 30.0¢ gold one international limited

current technicals, page-13

  1. 2,158 Posts.
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    5hareholder,

    I totally agree with all your points. This was the main reason that I sold this stock today at 37.5c (after entering at 33c several days ago) due to recent moves up with relatively low trading volumes.

    There are a couple of possible scenarios at this stage:

    - a pull back to the support area at 34-35c then a strong move up supported by good trading volumes to break resistance at 37.5-38c

    - some consolidation with relatively low trading volumes in a narrow trading range just below 37.5-38c for 1-2 weeks then breaking this resistance level (I will re-enter the stock again).

    irynka
 
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