The chart for Gleacher and Company (NASDAQ: GLCH) had a small bounce last Friday as the stock approached an historic support level at $1.00. Shares fell again on Monday back down to $1.04, which will have this technical play on radar to continue to hold support and try to bounce again. Gleacher & Company, Inc. [...]
The Teryl Resources Corp. (TSX-Venture:TRC) stock chart hit a bottom late last year at a nickel and has been steadily making higher lows since. Support is solid at 5.5 and 6 cents with resistance not coming into play until 8.5 and 10 cents. The indicators are showing strength in trend and momentum with the volume-based [...]
Mustang Alliances has been in a strong uptrend for several months. After a consolidation, the pps has held the 50dma and is back on the climb looking to challenge the old highs at $1.48. The company said yesterday that it has entered into an agreement to acquire the Bonanza Concession totaling 1,000 hectares in the [...]
A thinly-traded stock, a look at the 6-month/weekly Hodgins Auctioneers (TSX-Venture: HA) chart shows a bullish trend trying to develop as the stock moves off all-time lows. A strong support at $0.06 has held again with volume increasing and a price per share rise over the 50 day simple moving average. Headquartered in Melfort, Saskatchewan [...]
The Northern Gold Mining (TSX-V:NGM) stock chart has been steadily trending upwards since late June. Friday was another solid day for the chart which pushed it above a secondary resistance level at 40 cents. Technical traders will stay on alert for a push at the strong resistance level at 44 cents at this point. Northern [...]
The Cline Mining stock chart has been on a significant slide since January, but is near the $2 support level at this point. The indicators are giving very early hints of a possible reversal. Technical traders will be watching for confirmation of the two-day bullish engulfing candle pattern that is in place heading into Wednesday’s [...]
The Soligenix stock chart was a technical “stock to watch” this week for www.AllPennyStocks.com. The chart had been mounting a nice climb and giving hints that a larger move could be coming. The larger move came yesterday with the old highs being surpassed. The video discusses what to look for in the chart at this [...]
The Copper Creek Ventures chart is a great example of a multiple-bottom pattern. The chart has held support in the area of 7 cents on three occasions and is once again on the climb with the indicators nicely aligned for it to try and take out resistance. Technical traders will be watching for volume and [...]
The V.SGP chart has defied the recent downtrend of so many resource plays and climbed from 32 to 45 cents in the last three weeks. Technical traders will have their eyes on the resistance in the area of 49 cents as the chart tries to continue the solid climb. Sienna Gold Inc. is a gold [...]