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Crossed Above 20 Day Moving Average appears for GORO after 4.8% move
On Tuesday, July 7th, GORO moved up 4.8% while volume shrunk to 0.2× the usual levels. Mixed technical signals appeared with Crossed Above 20 DMA and MACD Bullish Signal Line Cross suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.27, 1.23 & 1.21, with resistance at 1.34, 1.36 & 1.4.
Current SwingTradeBot Technical Rating of GORO: C
There’s more where that came from. See all of today’s signals for GORO here.
Read full article here »