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GeoGlobal Resources Inc. Message Board

  • badboy78244 badboy78244 Jan 25, 2006 8:43 PM Flag

    It looks like the uptrend will resume

    It looks like todays action broke the top of the right shoulder of very short-term head and shoulders pattern that formed.

    I like the weekly chart. We had an inverse bullish hammer print 2 weeks ago, followed by a bullish hammer and so far a bullish engulfing candlestick for this week. To top it off, it has a long way to go before touching overbought territory. GGR weekly was overbought for 6-7 straight weeks before the takedown.

    keep the fingers crossed...

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