we're not out of the woods yet (macro wise) but HGO held up pretty damn well today on high volume indicating buyers are there, just waiting for a bargain. Most of the buying volume (1.5m) was in the closing hour with a large opening hour of 3.8m shares being sold.
For HGO, charts wise, today was uneventful, which was very satisfying looking at how some producers fared. SFR for instance fell almost 8% before recovering to 4% fall. HGO tried, but buyers were there to pick it up.
Feeling a bit more confident (and exited) HGO might just buck the current trend.
HGO Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held
