Gold and Gemstone Mining Inc (GGSM)

[CMsixfigures]

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GOLD AND GEMSTONE MNG INC (GGSM:OTO)
$0.00

BI RATING:
Bullish
Change 50.00%
Volume 22,100,000
Avg Volume 22,277,541
vs 3 Month Avg 99%
Open $0.0003
Day High $0.0003
Day Low $0.0002
Previous Close $0.0002

1 month3 months6 months1 yearview all
Last Candle Pattern: Doji on 19/09/2017
Data as of end of day (EOD): Tuesday, September 19, 2017
DAILY COMMENTARY
The stock price direction for the day for GGSM is DOWN. The stock is experiencing an uptrend as of late, with an increase of more than 15 percent in the last five days. However, a trend reversal is possible as the stock has dropped considerably today. Based on BullishInvestor.com’s proprietary algorithms, GGSM is currently signalling NEUTRAL.

The most recent Candle Stick pattern for GGSM is the Belt-hold.

There are two possible reasons for the Hold rating currently given to GGSM. The first reason is that there may be indecision among the technical indicators or most of them may be neutral for GGSM. If the stock chart looks flat lined or is in the midst of a trend direction change, most likely this is why GGSM is showing Neutral. If, however the stock is currently in a visible up or down trend, the reason for the Hold may be because the BULLISH or BEARISH rating has already passed.

The last BUY was registered on Jun 14, 2017 when GGSM was trading at $ 0.00. Armed with this knowledge, there may still be some more strength left in this current trend or it may be near a tipping point, the market has not given a clear indication yet.