Timmins Gold TGD Nears Buy Price Trigger
Timmins Gold TGD finished the day at $2.43, only $0.03 below its 21-day exponential moving price average of $2.46.
TGD 1-year stock price chart follows:
As you can see from 21-day detrended price oscillator chart, TGD has been below the bottom of the channel, indicating an oversold condition.
The last time this occurred, TGD went from $2.06 to over $3.00 before hitting the sell trigger at $2.63.
Expect overhead price resistance at a little over the $3.00 mark.
Disclaimer: The above is for informational purposes only. This should not be considered investment advice. Any investment decisions are your own and should be made after conducting your own independent research and / or in consultation with a professional investment advisor.