[May 15, 2012] Downtrend Call Working As Goldcorp Stock Falls 25.4% (GG) Tweet May 15, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Goldcorp (NYSE:GG) on March 14th, 2012 at $44.57. In approximately 2 months, Goldcorp has returned 25.39% as of today's recent price of $33.25. Over the past year, Goldcorphas traded in a range of $33.17 to $56.31 and are now at $33.25. The 200-day and 50-day moving averages have moved 0.52% lower and 2.03% lower over the past week, respectively. Goldcorp, Inc. is a North American gold producer. The Company has gold mining operations in the United States, Canada, Mexico, Brazil, Argentina, and Australia. Goldcorp owns the Red Lake mine in Ontario. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Goldcorp. Log in and add Goldcorp (GG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 ]