GREY:CUDBF - Post by User
Post by
yukon_goldon Jul 17, 2012 12:58am
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Post# 20120153
POP.V July 16 2012 2nd Consecutive Bullish Hammer
POP.V July 16 2012 2nd Consecutive Bullish Hammer Petro One Energy Corp
(POP:TSXV)
Event Details for: Hammer
| Tells Me: The price may have reached the bottom of the recent downtrend, having recovered high up from a sharp decline for the session. The Hammer appears during a downtrend, displaying a long lower shadow with a small real body at the top of the range. The price may be developing a bottom and due for a reversal to the upside.
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| Event Date: | Jul 16, 2012 | | Opportunity Type: | Short-Term Bullish | | Close Price: |
.19 | | | Price Period: | Daily | | Volume: | 91,050 | | Inbound Trend Duration: | 5 days | |
