Greatland Gold Soars!
By
Azeez Mustapha
PUBLISHED:
22 Jun 2018 @ 17:11
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More info about Azeez Mustapha
Greatland Gold shares (LSE:GGP) are currently soaring, following a frustrating and boring period of trendlessness (January – June 2018). Price soars, thus ending the long-term ranging movement.
![](https://www.advfn.com/p.php?pid=chartscreenshot&u=C1o9DKbLGNa/IlQYBg80Y4Lu0zYoElrHrZSVuRR8kwI=)
The ADX period 14 is above the level 40, showing a very strong momentum. The DM+ is above the DM-, meaning that bulls reign.
The MACD default parameters has its signal lines and histogram above the zero lines. That shows a Bullish Confirmation Pattern in the market. Things are supposed to keep on going northwards.
A “buy” signal has already been generated in the market, and this could just be the beginning of a long-term bullish journey, which ends the recent frustrating base that has been formed in the market.
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