Friday, March 03, 2006

Golden Star Resources advances on low volume

Golden Star Resources (GSC) advanced 5.3% last week on low volume. GSC has a Stock Trends Weak Bearish trend, with a Bullish Crossover anticipated this coming week. While low trading volume is normally a cause for concern with bullish trending stocks, it can signal an important shift in bullish sentiment for stocks in bearish trends that are advancing off support levels. The stock is up again today, currently trading at $3.88.
 
Post a Comment