GORO Stock Gold Resource (GORO, $0.52) price may drop as it broke higher Bollinger Band on May 17, 2024

A.I.dvisor
at Tickeron.com
05/18/24
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GORO - Gold Resource Corp
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $0.521
Daily change: +$0.026 (+5.25%)
Daily volume: 1.2M
Capitalization: $47.3M
Industry: Precious Metals
This price move could be a signal that GORO may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 43 similar cases where GORO's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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GORODaily Signal changed days agoGain/Loss if shorted
 
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an explorer of gold and silver

Industry PreciousMetals

Profile
Fundamentals
Details
Industry
Precious Metals
Address
7900 East Union Avenue
Phone
+1 303 320-7708
Employees
565
Web
https://www.goldresourcecorp.com