On March 5th, Augusta Gold (TSX: G) surpassed its most important key breakout point and 200-day moving average of $0.80 per share and rallied by 21.25% to hit a high of $0.97 per share.
On March 11th, G closed at $0.96 per share with a 14-day relative strength index (RSI) of 77.68 making it very overbought.
Since March 11th, G has made a healthy dip of 10.30% on low volume from its high of $0.97 per share to a closing price today of $0.87 per share.
G's RSI at today's close is back to a healthy 59.28, which gives it room to breakout to well above $1 per share without becoming overbought!
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. NIA's President has purchased 224,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
