GCR golden cross resources ltd

GCR appears to be in the early stages of an uptrend.Yesterday's...

  1. 2,863 Posts.
    GCR appears to be in the early stages of an uptrend.

    Yesterday's rise through the previous resistance, (hopefully now support), was followed up with a higher high & then a 50% Fibonacci retracement, (to the new support), & then a return to yesterday's closing level.

    The MACD line gave a buy signal yesterday when it crossed up through the centerline, (zero).
    The MACD Histogram shows rising positive momentum.

    The ADX passing up through the -DMI was another buy signal given yesterday. This indicates the start of an up trend.

    Volume in the last 2 days is the highest in almost 3 months.













    IMO, DYOR
    Regards
    Chalea

 
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