TGC - Looking for Entry
TGC has had some consolidation after most recent large run up. Natural support above 1.00 is trying to hold. There is bullish divergence on the MACD histogram. The MACD cross is about to take place as long as this trades above 0. Looking for a possible entry near 1.00 with tight SL under 1.00 or looking for entry at break of 1.15. This has the potential to run back to 1.40+. The catch is that this has very little volume and will need more to get this back to an uptrend. Keeping an eye out for the MACD cross above 0 line.
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