Thursday, March 17, 2011

Golden Star Resources, Ltd. (GSS) Video Chart for Thursday, March 17, 2011

GSS is a classic “pincher play” setup that is fighting resistance at $3.04. Good things have historically happened when the MACD exhibits a bullish cross, which is happening now, so the chart is hitting the watchlist for the pattern to repeat itself again as it tries to break the resistance.

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