April 23, 2008
Chart of the Day: Goldcorp (GG)
A 10-year weekly chart of Goldcorp featuring a rare clean uptrend channel. This chart was highlighted in a report in a January to emphasize the bullish situation for Gold and Gold stocks at that time (see: Where are we in the Business Cycle: A contraction phase and how Gold fits in it ). While Goldcorp is in a correction phase at the moment, there appear to be no reason to believe that the uptrend won't continue.