GreatlandGold 30/01/2020

#France #DOW Greatland Gold has featured in our emails this year and it’s not difficult to see why. With a break above its historical glass ceiling of 2.6p, the visuals on the #Greatland chart are (finally) encouraging and it finally feels like this 14 year member of the AIM market is becoming interesting again.

The immediate situation is fairly straightforward as we’ve two distinct arguments suggesting movement next above 3.16p should bring growth to an initial 3.53p. If bettered, our secondary ambition calculates at a more useful 4.7p. For the longer term, it seems closure above 4p shall prove critical. Despite a nod in the direction of 4.7p sounding like a good thing, we prefer a belt and braces approach.

The highest price Greatland has ever closed at was 4p with the result closure above this level should prove game changing.

For now, it’s a pretty encouraging prospect, especially as price movements do not “feel” like they are the result of internet chatroom wild optimism. Currently at 2.9p, we’d have severe concerns if the share finds an excuse to make its way below 2.3p. This would tend invalidate the current growth pressures.

Hey, chart goes here
Chart, rhymes with fart.
FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

10:04:36PM

BRENT

58.68

               

‘cess

10:06:26PM

GOLD

1577.4

               

‘cess

10:08:20PM

FTSE

7478.39

               

10:11:03PM

FRANCE

5942.2

5910

5887

5860

5943

5969

5975.5

6018

5929

Success

10:14:01PM

GERMANY

13317

               

‘cess

10:16:15PM

US500

3271.97

               

Sorry

10:23:45PM

DOW

28764.7

28694

28614.5

28509

28758

28902

28926.5

28994

28784

‘cess

10:45:23PM

NASDAQ

9101.37

               

‘cess

10:48:14PM

JAPAN

23250

               

Sorry

 

 
29/01/2020 FTSE Closed at 7483 points. Change of 0.04%. Total value traded through LSE was: £ 4,809,159,339 a change of -5.83%

28/01/2020 FTSE Closed at 7480 points. Change of 0.92%. Total value traded through LSE was: £ 5,106,872,635 a change of -10.29%

27/01/2020 FTSE Closed at 7412 points. Change of -2.28%. Total value traded through LSE was: £ 5,692,912,952 a change of 6.13%

24/01/2020 FTSE Closed at 7585 points. Change of 1.04%. Total value traded through LSE was: £ 5,364,214,029 a change of -0.13%

23/01/2020 FTSE Closed at 7507 points. Change of -0.85%. Total value traded through LSE was: £ 5,371,375,210 a change of -4.17%

22/01/2020 FTSE Closed at 7571 points. Change of -0.51%. Total value traded through LSE was: £ 5,604,978,241 a change of 11.63%

21/01/2020 FTSE Closed at 7610 points. Change of -0.54%. Total value traded through LSE was: £ 5,020,947,785 a change of 18.76%

 

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