Thursday, June 17, 2021 2:52:28 PM
I’m liking this analysis by Weedie!! Anything to add?
$GGSM Two lines showing resistance turning to support: one on price & one on accumulation. The .003 area was resistance for months. After the push to new all-time high, two months ago, you can see neither accum nor price returned to their sub .003 ranges. 💪 Pressure is building. pic.twitter.com/1yGiARq1lr
— Weedspan (@AlanWeedspan) June 17, 2021
$GGSM .0036, +20% on heavier than average volume. Bullish price action, back above all moving averages (daily timeframe). Next: reclaim of the .005 area. Then we are setup for an an update from the company to bring a 100M vol day that pushes us over .01. Accum has held new range.
— Weedspan (@AlanWeedspan) June 17, 2021
Looking forward to copper+++, then silver!
Thanks for sharing any further developments!
Cheers, Red
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