Immense trading volumes
The price lights are green for Canadian precious metals explorer Goliath Resources (TSXV GOT / WKN A2P063).
After overcoming the resistance zone (which runs just below CAD 1.4), a new multi-year high of 1.71 Canadian dollars was recently reached, which was accompanied by immense trading volumes.
Both average lines are rising continuously and the 100-day line is fortunately running above the 200-day line, as it has been doing for some time now.
The MACD indicator remains clearly on the buy side and, according to the Chaikin Money Flow Index, capital is flowing into the stock, as indicated by the indicator remaining in green terrain. In addition, although the overbought/oversold indicator is positive, at 1.0 it is currently only midway between neutral zero and the overbought value of 2.0 (or more).
Disclaimer: GOLDINVEST Consulting GmbH offers editors, agencies and companies the possibility to publish comments, analyses and news on https://www.goldinvest.de. These contents serve exclusively the information of the readers and do not represent any kind of call to action, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. Furthermore, they in no way replace an individual expert investment advice, it is rather promotional / journalistic publications. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. The acquisition of securities, especially with shares in the penny stock area, carries high risks, which can lead to a total loss of the invested capital. The GOLDINVEST Consulting GmbH and its authors expressly exclude any liability for financial losses or the content guarantee for topicality, correctness, adequacy and completeness of the articles offered here. Please also note our terms of use.
According to §34b WpHG and according to Paragraph 48f paragraph 5 BörseG (Austria) we would like to point out that principals, partners, authors and employees of GOLDINVEST Consulting GmbH hold or may hold shares of Goliath Resources and therefore a possible conflict of interest exists. We also cannot exclude that other stock letters, media or research firms discuss the stocks we recommend during the same period. Therefore, symmetrical information and opinion generation may occur during this period. Furthermore, there is a consulting or other service contract between Goliath Resources and GOLDINVEST Consulting GmbH, which means that a conflict of interest exists.
