Goldgroup Mining Inc (GGAZF)

[Chart Addict]

This stock is truly an interesting find.

Following the market close on Thursday, June 16, 2016, the Point and Figure chart - set to automatic scaling on Stockcharts.com - generated a reversal signal. That reversal signal went largely unnoticed because the P&F scanner uses a default setting that did not generate a signal.



By the time the Stockchart's signal was discovered, another system had already flagged it. Americanbulls.com - a site that generates buy, sell, and hold signals based on candlestick patterns - recently generated its first-ever signal for this particular stock. As Americanbulls described its signal on Friday, June 17: "Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 06/13/2016, 4 days ago, when the stock price was 0.1592. Since then GGAZF has risen by +16.21%."



Sixteen percent over four days is somewhat remarkable. Finding a first-ever signal at Americanbulls is more remarkable.

Before Americanbulls flagged it, another system apparently running on auto-pilot had pegged it as a bullish stock. That would be the stock analysis at StockTA. Priced at only $0.1850, this play offers the potential for explosive gains. But will it deliver? Time will only tell.