GBG Great Basin Gold (by special request)


We would be constructive on this stock now (we were bearish). The reason is pretty simple. Going down from $3.30 to 62 cents is a loss of 80+%, enough to please any bear. Next the drop is displaying an absolutely perfect A-B-C with C equal to A, both in time and amplitude (as vector). Moreover the RSI and the MACD have been signalling a turn now for the past 4/5  at about $1.25 would be a minimum expectation at this point.