Could Japan Gold Corp See a Reversal After Breaking All Highs?

 Could Japan Gold Corp See a Reversal After Breaking All Highs?

The stock of Japan Gold Corp (CVE:JG) reached all time low today, Nov, 14 and still has $0.29 target or 10.00% below today’s $0.32 share price. This indicates more downside for the $17.23M company. This technical setup was reported by If the $0.29 PT is reached, the company will be worth $1.72 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. About 73,738 shares traded hands. Japan Gold Corp (CVE:JG) has risen 6.00% since October 15, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.

More important recent Japan Gold Corp (CVE:JG) news were published by: which released: “Japan Gold Corp. (Formerly Sky Ridge Resources Ltd.) Closes C$7 Million …” on September 16, 2016, also published article titled: “Japan Gold Corp.”, published: “Gold in Japan, the Last Frontier” on October 03, 2016. More interesting news about Japan Gold Corp (CVE:JG) was released by: and their article: “Japan Gold Invited to Speak at Tokyo Mining Investment Seminar, Files Early …” with publication date: September 23, 2016.

Japan Gold Corp, formerly Sky Ridge Resources Ltd, is a Canada gold exploration firm that focuses on assets in Japan. The company has a market cap of $17.23 million.

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