GRG Rapidly Approaching Key Breakout Point

On Monday, NIA suggested Golden Arrow Resources (TSXV: GRG) at $0.91 per share as its latest brand-new silver stock suggestion. GRG has been up every day this week and just hit $1.18 per share. GRG is rapidly approaching its key breakout point of $1.20 per share!

If GRG successfully surpasses its key breakout point of $1.20 per share, it could become next week's largest percentage gainer in the entire market! Currently, GRG has a 14-day relative strength index (RSI) of 66, which means it is perfectly poised to explode to new all-time highs next week!

In May when GRG first reached its resistance trend line – it had an RSI of 92, indicating that it was extremely overbought and overdue for a short-term dip. After dipping in June to its support trend line, GRG rapidly rose back to its resistance trend line. On July 6th, GRG reached a new all-time high of $1.19 per share – where it had an RSI of 80, indicating that it was once again overbought and due for another short-term dip.

GRG bottomed one week ago at $0.84 per share and after NIA's suggestion Monday morning at $0.91 per share, GRG has increased for five straight trading days! With a current RSI of only 66, GRG is nowhere near the overbought levels of 80-92 where it has previously dipped.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has been compensated by GRG $50,000 cash for a two-month investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.