{"id":9417,"date":"2016-07-29T11:44:00","date_gmt":"2016-07-29T15:44:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=9417"},"modified":"2026-07-12T01:02:22","modified_gmt":"2026-07-12T05:02:22","slug":"grg-rapidly-approaching-key-breakout-point","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/technicals\/grg-rapidly-approaching-key-breakout-point\/","title":{"rendered":"GRG Rapidly Approaching Key Breakout Point"},"content":{"rendered":"\n<p><span style=\"font-family:arial,helvetica,sans-serif;\">On Monday, NIA suggested <strong>Golden Arrow Resources (TSXV: GRG)<\/strong> at $0.91 per share as its <span style=\"color: rgb(0, 128, 0);\"><strong>latest brand-new&nbsp;<span style=\"color: rgb(0, 0, 0);\">silver<\/span> stock suggestion<\/strong><\/span>. <em><strong>GRG has been <span style=\"color: rgb(0, 128, 0);\">up every day this week<\/span> and just hit $1.18 per share. GRG is rapidly approaching its <span style=\"color: rgb(0, 128, 0);\">key breakout point<\/span> of <span style=\"color: rgb(0, 128, 0);\">$1.20 per share<\/span>!<\/strong><\/em><\/span><\/p>\n\n<p><span style=\"font-family:arial,helvetica,sans-serif;\">If <strong>GRG<\/strong> successfully surpasses its <span style=\"color: rgb(0, 128, 0);\"><strong>key breakout point<\/strong><\/span> of <span style=\"color: rgb(0, 128, 0);\"><strong>$1.20 per share<\/strong><\/span>, it could become <strong><em>next week&#39;s <span style=\"color: rgb(0, 128, 0);\">largest percentage gainer<\/span><\/em><\/strong> in the entire market! Currently, <strong>GRG<\/strong> has a <strong>14-day relative strength index (RSI)<\/strong> of 66, which means it is <span style=\"color: rgb(0, 128, 0);\"><em><strong>perfectly poised to explode<\/strong><\/em><\/span> to <span style=\"color: rgb(0, 128, 0);\"><strong>new all-time highs<\/strong><\/span> next week!<\/span><\/p>\n\n<p><span style=\"font-family:arial,helvetica,sans-serif;\">In May when <strong>GRG<\/strong> first reached its <strong>resistance trend line<\/strong> &#8211; it had an <strong>RSI<\/strong> of <span style=\"color: rgb(255, 0, 0);\"><strong>92<\/strong><\/span>, indicating that it was <span style=\"color: rgb(255, 0, 0);\"><strong><em>extremely overbought<\/em><\/strong><\/span> and <em><strong>overdue<\/strong><\/em> for a <span style=\"color: rgb(255, 0, 0);\"><strong>short-term dip<\/strong><\/span>. After dipping in June to its <strong>support trend line<\/strong>, <strong>GRG<\/strong> <span style=\"color: rgb(0, 128, 0);\"><em><strong>rapidly rose back<\/strong><\/em><\/span> to its <strong>resistance trend line<\/strong>. On July 6th, <strong>GRG<\/strong> reached a <span style=\"color: rgb(0, 128, 0);\"><strong>new all-time high<\/strong><\/span> of $1.19 per share &#8211; where it had an <strong>RSI<\/strong> of <span style=\"color: rgb(255, 0, 0);\"><strong>80<\/strong><\/span>, indicating that it was once again <span style=\"color: rgb(255, 0, 0);\"><em><strong>overbought<\/strong><\/em><\/span> and due for another <span style=\"color: rgb(255, 0, 0);\"><strong>short-term dip<\/strong><\/span>.<\/span><\/p>\n\n<p><span style=\"font-family:arial,helvetica,sans-serif;\"><strong>GRG<\/strong> bottomed one week ago at $0.84 per share and after NIA&#39;s suggestion Monday morning at $0.91 per share, <em><strong>GRG has <span style=\"color: rgb(0, 128, 0);\">increased for five straight trading days<\/span>!&nbsp;<\/strong><\/em>With a current <strong>RSI<\/strong> of only <span style=\"color: rgb(0, 128, 0);\"><strong>66<\/strong><\/span>, <strong>GRG<\/strong> is nowhere near the <span style=\"color: rgb(255, 0, 0);\"><em><strong>overbought levels of 80-92<\/strong><\/em><\/span> where it has previously dipped.<\/span><\/p>\n\n<p><span style=\"font-family:arial,helvetica,sans-serif;\"><em>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.<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, NIA suggested Golden Arrow Resources (TSXV: GRG) at $0.91 per share as its latest brand-new&nbsp;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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9418,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[331,17],"class_list":["post-9417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technicals","tag-grg","tag-silver"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/9417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=9417"}],"version-history":[{"count":2,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/9417\/revisions"}],"predecessor-version":[{"id":9420,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/9417\/revisions\/9420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/9418"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=9417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=9417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=9417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}