Can Great Quest Fertilizer Ltd’s Tomorrow be Different? The Stock Just Gapped Up

 Can Great Quest Fertilizer Ltd's Tomorrow be Different? The Stock Just Gapped Up

The stock of Great Quest Fertilizer Ltd (CVE:GQ) gapped up by $0.04 today and has $0.67 target or 173.00% above today’s $0.25 share price. The 7 months technical chart setup indicates low risk for the $12.09 million company. The gap was reported on Nov, 15 by If the $0.67 price target is reached, the company will be worth $20.92 million more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. About 60,000 shares traded hands or 77.49% up from the average. Great Quest Fertilizer Ltd (CVE:GQ) has risen 6.00% since October 16, 2016 and is uptrending. It has outperformed by 2.07% the S&P500.

More notable recent Great Quest Fertilizer Ltd (CVE:GQ) news were published by: which released: “Great Quest Metal Ltd. Changes Its Name to “Great Quest Fertilizer Ltd.”” on June 03, 2014, also with their article: “Resource Update Commences at the Tilemsi Project” published on September 29, 2016, published: “Four ways to fix the ‘broken’ TSX Venture Exchange” on December 29, 2015. More interesting news about Great Quest Fertilizer Ltd (CVE:GQ) were released by: and their article: “5 Top TSXV Stocks: Clifton Star Rockets on First Mining Finance Deal” published on February 15, 2016 as well as‘s news article titled: “5 Top TSXV Stocks: G4G Capital Tops the List For Second Week” with publication date: October 02, 2016.

Great Quest Fertilizer Ltd., formerly Great Quest Metals Ltd., is a resource development company. The company has a market cap of $12.09 million. The Company’s principal activities include the acquisition, exploration and development of agriculturally related minerals for regional markets. It currently has negative earnings. The Company’s activities consist of the exploration and development of mineral concessions in Mali and Canada.

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