re: Ann: Company Interview. Strong Outlook f...
OGC sp reflecting the quality of the results? From late October, most gold stocks including NCM shown in the lower chart gave up their brief rally and have moved to a lower low. When they turned down dropping 10% or more, OGC gapped up on its results and has continued to rally by a further 30%, or 50% above the Oct low. OGC now is starting to move above the resistance of the down trend line that has slowed its advance over the last 9 days. It looks like it might accelerate higher soon. I guess that will depend on whether the POG provides a tailwind or a head wind over the next few weeks.
OGC Price at posting:
$1.94 Sentiment: Buy Disclosure: Held