Continental Gold (CNL.TO) is breaking higher after a multi-week consolidation:
CNL.TO (Daily)
Steady buying since last week's GDXJ rebalance as the selling pressure appears to have lifted - relative strength (RSI at top) confirms this week's breakout.
Steady insider buying adds weight to the quality of this recent upside push:
The C$4.00 level (the level at which NEM made a $100+ million investment) should offer some resistance, followed by C$4.30.
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