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Teranga Gold Corp. three-year chart Add to ...

The three-year chart indicates that the vicious downtrend that punished investors throughout 2013 has at least been broken. The MACD and the RSI both generated buy signals in December of 2013 as the stock hit a 52-week low of $0.42. The steep ascent topped out in February near $1.20 where the momentum indicators signalled a sell as the shares got overbought. What is also evident is that there appears to be support at $0.80 which will have to be monitored if you are looking for an entry point.

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