Next Leg Up?
Goldsource Mines has been on a clear uptrend over the past months. Every time it has had a new leg up it can be easily seen by a few inidications.
1. A broken Trendline
2. An oversold signal on the Stochastic RSI
3. A MACD crossover
4. Price meeting support at the 20MA or the bollinger bands.
GXS has just shown all of these signs and is looking like it is ready for its next leg up. It is currently trading 14% away from the upper bollinger band and the stocks all time high. Keep in mind every other time is has had one of these moves it has broken the upper BB, so this is looking like a possible 14+ percent move.
1. A broken Trendline
2. An oversold signal on the Stochastic RSI
3. A MACD crossover
4. Price meeting support at the 20MA or the bollinger bands.
GXS has just shown all of these signs and is looking like it is ready for its next leg up. It is currently trading 14% away from the upper bollinger band and the stocks all time high. Keep in mind every other time is has had one of these moves it has broken the upper BB, so this is looking like a possible 14+ percent move.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.