Westward Gold Gains 8.70% to $0.25 on Strong Volume: Closes Above 20-Day Moving Average

Westward Gold (CSE: WG) gained by 8.70% today to $0.25 per share on strong volume of 841,470 shares. After closing on 15 straight trading days below its 20-day moving average, WG closed today above its 20-day moving average. When WG first hit $0.25 per share on August 18th, it closed with a 14-day relative strength index (RSI) of 83.50, which made it overbought… but WG’s RSI at today’s close of 52.16 is very healthy:

Past performance is not indicative of future results. NIA is not an investment adviser and does not provide investment advice. Always conduct your own research and make your own investment decisions. NIA has received compensation from WG of US$60,000 cash for a six-month marketing contract. This communication is for informational and educational purposes only and does not constitute investment advice.