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GOR - DB50 breakout + MA20 + PD | DB50 and confluences.
GOLD ROAD RESOURCES LIMITED
Long
GOR - DB50 breakout + MA20 + PD | DB50 and confluences.
By YasBC
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Updated
Jun 8, 2020
3
May 17, 2020
https://www.tradingview.com/x/LSmfc5kL/
GOR is trying to break ATH. For me, the gap till the ATH breakout is still good.
Reason for buying:
Good RSI level.
Confluence of DB50 breakout + MA20 + PD breakout.
TP: Near ATH resistance @1.770
SL: Near DB50 which is also a strong resistance/support @1.655
Jun 8, 2020
Note
GOOD:
Good sell. Sold position on 26 May near TP.
Went down after selling.
Held for 8 days.
BAD:
Slow momentum.
db50
GOR
Trend Analysis
YasBC
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