Ghx
GHX potentional bullish continuation - retesting range GHX made some big moves recently, though has been in pull back the past month since making a high after an accumulation range break. It has currently pulled back 50% from the high and is retesting the top side of the range, around 0.1.
We could see a break upwards here and some more impulse movements up, alternatively a break down towards the 0.05
Daily MACD is trending towards zero and looking to cross. Will be watching for it to break trend
GHX begining of a nice friendship?After 125% run-up, this nice mover formed ascending triangle. The next big resistance (former support) is 70% up from here, so it could be worth watching this one. It's not unusual these days to see break down from it, a retest of one of lower support levels, and then shoot up from it. So keep watching this one even if it breaks down, could be just temporary. That's 200sma is not so far down, so it shouldn't go down much... Good luck traders