Skip to main content

Stocks Surging Above 50-Days Moving Average (50SMA): $GGD $PRN $ACQ

*If You Own GGD, PRN, ACQ Then Click Here to Join Our Community Of Traders

The Market Signal was created as a platform to help investors, if you own (TSX:GGD), (TSX:PRN) or (TSX:ACQ) and want to join the fastest growing community of investors on the web then sign up to the link below. Members get free access to the best investment tools in the world. Start trading like a pro today. This is a limited time offer so click the link below NOW.

The stock market has been a buzz of activities with equities showing no signs of slowing down amid a challenging environment fuelled by the COVID-19 pandemic. Gogold Resource, ProFound Medical and AutoCanada are some of the stocks powering high above 50-day moving average signaling strong buying pressure?

Gogol Resource Surging On record Gold Prices

https://themarketsignal.com/Free-Report/GGD

(Click link above or copy, paste and hit enter in your browser for your report)

Gogold Resources Inc. (TSX:GGD) is powering high in response to gold prices powering to record highs as investors shift focus to safe-haven. The stock is trading above its 50-day moving average, affirming strengthened investor confidence about its ability to generate long term value.

The stock is already up by more than 200% for the year in what is turning out to be a break out year for the junior mining company. In addition to record gold prices, the company has also confirmed intersecting substantial Silver at its Los Ricos South Project. The high-grade intercepts are among the best in the company's history.

Profound Medical Technology Edge

https://themarketsignal.com/Free-Report/PRN

(Click link above or copy, paste and hit enter in your browser for your report)

Profound Medical Corp (TSX:PRN) has also been on an impressive run, rallying by more than 30% since the start of the year. The stock is trading above its 50-day moving average on investors betting on the company's prospects in the development of medical technology for guided ablation procedures used in the treatment of prostate disease and palliative pain treatment.

The company accrues its edge in the medical technology space on the fact that it is the only one that provides customizable incision-free therapies. Its therapies combine real-time magnetic resonance imaging thermal ultrasound for radiation-free ablation.

AutoCanada Upbeat On Economy Opening

https://themarketsignal.com/Free-Report/ACQ

(Click link above or copy, paste and hit enter in your browser for your report)

AutoCanada Inc. (TSX:ACQ) bounces back from record lows continues to gather steam with the stock powering through its 50-day moving average, affirming renewed investor interest. The opening of the economy following the COVID-19 pandemic is the catalyst fuelling sentiments around the stock.

Through its franchisees, the company operates some of the biggest automobile dealerships in British Columbia, Alberta, Manitoba, Quebec, and Illinois in the United States. With the economy opening, it is poised to enjoy booming business as demand for new and old cars is poised to increase. Likewise, it does not come as a surprise that the stock is racing higher.

Please email or contact us for any edits or errors relating to this stock market news.

If you would like information on using our press release distribution service aimed at helping investors with the best stocks to buy and how to create your own stock portfolio. We cover the US Stock Market, Canadian Stock Market, the Australian Stock Market and other Stock Market news.

We will get back to you within 24 hours.

Disclaimer

The post Stocks Surging Above 50-Days Moving Average (50SMA): $GGD $PRN $ACQ appeared first on The Market Signals.

comtex tracking

COMTEX_368972833/2700/2020-08-06T08:08:24

Is there a problem with this press release? Contact the source provider Comtex at editorialpr@comtex.com.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.