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Junior Gold Stock 'On the Up'

From streetwisereports.com

Although we are generally aiming to gravitate towards the large and mid-cap gold stocks during the early stages of the sector bull market, it is worth considering smaller stocks from time to time, if they measure up fundamentally and technically. Goldcliff Resource Corp. (GCN:TSX.V) is one such stock, and it has just successfully completed a round of financing. On its latest 21-month chart we can see that about a week ago it tried and failed to break out of a large Cup & Handle base pattern. This failure was not negative, for several reasons. One is that the attempt occurred on strong volume, which is bullish, ... (full story)

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  • Category: Fundamental Analysis