SmarTrend Detects Continued Buying Pressure in Shares of Golden Star Resources (GSS)
SmarTrend identified an Uptrend for Golden Star Resources (AMEX: GSS) on March 05, 2010 at $3.42. In approximately 2 weeks, Golden Star Resources has returned 9.1% as of today's recent price of $3.73.
Golden Star Resources is currently above its 50-day moving average of $3.18 and above its 200-day moving average of $2.95. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Golden Star Resources shares.
Write to Chip Brian at cbrian@tradethetrend.com
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