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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Chart analysis on ECU

Chart analysis on ECU

posted on Jan 30, 2010 08:44PM

Well, not really analysis, just observations.

The RSI is about 30, the lowest since July 2009; MACD is /has bottomed out; slow stochastice lower than it has been in a year, and the Williams %R has been flattened out on the bottom for about a week, and is now starting to turn upward.

Now I don't know what all this stuff means except that when they all rise, the share price goes up. So we are due for some higher price once the market recognizes the value in our mountain of gold and silver.

Cheers.

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