As you can see the red candle is very close to the bottom Bollinger band. MACD, full STO and RSI do NOT fully indicate a reversal. However with the news that Gold Standard Ventures to Present at the TD Securities Mining Conference and Black Mountain Gold USA Corp. Appoints New Director and Officers “Mr. Norman is a seasoned growth executive with 20 years of experience in the venture capital markets. He has raised in excess of $300M for both public and private companies predominantly in the resource sector.” I feel there is a very good chance the stock will reverse as early as tomorrow.
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