Teranga Gold

Discussion in 'Stocks & Derivatives' started by scott_reeve, Jun 10, 2013.

  1. scott_reeve

    scott_reeve Active Member

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    TGZ chart: TGZ making new lows in 2013 but may have found a new support level at 70 cents

    [​IMG]
     
    scott_reeve, Jun 10, 2013
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  2. scott_reeve

    scott_reeve Active Member

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    My TGZ chart view below.

    TGZ is a fairly illiquid gold stock. Nonetheless, weekly candlesticks create a more clear view on the areas of resistance and support. The 80 cent region has been a dominant area of resistance, whereas 55 cent has been a strong support level, and the place to watch if the current trending support line is broken.

    [​IMG]

    ~ Scott
     
    scott_reeve, Oct 6, 2014
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  3. SilverDJ

    SilverDJ Well-Known Member

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    TGZ are buying Gryphon
    0.167 TGZ shares for every GRY share.
     
    SilverDJ, Sep 20, 2016
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