ABOUT US | SERVICES | SUBSCRIPTIONS | LOGIN | SIGNUP
SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community
MARKETS » MOBILE Commerce HTML5 WebRTC
HOT TOPICS » VIDEO MANAGED SERVICES WEARABLE TECH WORLD NETWORK MANAGEMENT

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

SUBMIT
SmarTrend's Candlestick Scanner Detects Bullish Harami Pattern for Great Basin Gold (GBG)
[March 29, 2010]

SmarTrend's Candlestick Scanner Detects Bullish Harami Pattern for Great Basin Gold (GBG)

Mar 29, 2010 (SmarTrend(R) Market Surveillance via COMTEX) -- SmarTrend's candlestick pattern scanner has detected a bullish harami candle pattern for shares of Great Basin Gold (AMEX:GBG).

Friday's real body is within the previous day's body and may imply that traders and investors believe that the recent move lower is exhausted.

A green candle today would confirm this trend reversal. Also, the narrower the green real body yesterday, the more reliable the harami.

Friday, this company traded 1,166,700 shares, versus the previous day's total volume of 2,398,555. Decreased volume also is an indicator that the selling pressure may have subsided.


SmarTrend issued a Downtrend alert on shares of Great Basin Gold on January 29, 2010 at $1.66 per share (1.8% retracement since that call). This bullish candle pattern may point to a reversal of the previously called Downtrend.


Write to Chip Brian at cbrian@tradethetrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup

[ Back To TMCnet.com's Homepage ]


Upcoming Events



LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

IMPORTANT

SUBSCRIPTIONS


Subscribe to our FREE eNewsletters
SUBMIT

STAY CURRENT YOUR WAY

© 2013 Technology Marketing Corporation. All rights reserved.