Goldcorp

Long-term trend energy is increasing for many gold stocks. Goldcorp, a long time holding, is no exception. While Goldcorp remains below its 2008 highs, REV(E) or trend energy achieved new highs in 2009. Breakout in trend energy, either up or down, almost always preceeds price action. TA based soley on price action often misses these subtle changes within the trend.

Goldcorp (GG):