Inverse head and shoulders resolving on Goldcorp (NYSE:GG)

by Josh Goldcorp Inc. ($GG) was last at $30.79 on a volume of 6,308,090 shares. Average daily volume has been 7,941,678 shares.

Goldcorp is resolving an inverted head and shoulders pattern. Technical traders look classify this as a reversal pattern. Goldcorp is approaching overhead resistance at the nearby 200 day moving average, currently sitting at $31.95.

52 Week Range $22.22-$47.42 Market Cap 25,004,241,586 Average Volume 7,941,678 Dividend Yield 2.04% Institutional Ownership 61.30% Insider Ownership: 0.00% Percentage of Float Short 1.20% Beta 0.70

Goldcorp, Inc., is a gold producer. The Company operates, explores, develops, and acquires precious metal properties in Canada, the United States, Mexico, and Central and South America.

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