~*~Mining and Metals Du Jour~*~

[123tom]

I think thats all great, the good fundamentals.... there are hundreds of miners also with good fundamentals....and they got crushed down.

Its remarkable how GGI has not collapsed back down like most all miners....I suspect it will take a special effort from the naked shorters and the HFT algos, in 2015...setting up when the right shoulder develops in the coming weeks.

This analysis is purely technical, and describes only the chart pattern, and technical stuff.... IF the share price is Propelled Higher by fundamentals that compel alot more buying ,in this top zone above 25 cents.... and there comes no big pullback to retest 12 cent zone...then this TA forecast picture will be broken in these next weeks...maybe as the 20 cent zone holds and price rallies to 40 and everybody will marvel at this Outlier miner that defies the entire sector that has collapsed down.

a penny explorer...that went from 4 cents to 32 cents and now sits in the middle in a delicate balance zone.

IF GGI had followed the entire sectors algorithms to the bottom..... the 10-12 cent zone would be a key balance point and 24 area would be the top zone to be retested. I think this 24-28 top zone will be retested soon, and It might Fail in 2015. IF the Chart Picture, that Appears to be developing a Head and Shoulders Pattern , continues, and Resistance kicks in around 25-28 cents.... 2015 could bring a pullback to test 15-10 area...maybe even .10 -.08 area

I'm just saying this is what the Technical chart looks like to me.

http://stockcharts.com/h-sc/ui?s=GGI.V&p=D&b=5&g=0&id=p38343749693


http://stockcharts.com/c-sc/sc?s=GGI.V&p=W&b=5&g=0&i=p35182191283&r=1417129911068