Monday, January 28, 2008

Gold Reserve Inc

Showing signs of a developing intermediate trend, Gold Reserve (TSX:GRZ, AMEX:GRZ) is a new trend trade found in the Stock Trends Weak Bearish camp. The stock has advanced from a low of $3.91 in the autumn and has traded with growing and high volume in recent weeks. Weekly highs for GRZ have been rising in each of the past seven weeks, giving traders a strong pattern as the stock moves through $6.
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