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Petro One Energy Corp CUDBF



GREY:CUDBF - Post by User

Post by yukon_goldon Jul 21, 2012 4:14pm
280 Views
Post# 20138540

POP.V July 20 2012 Bullish Hammer

POP.V July 20 2012 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.

Event Date:

Jul 20, 2012

Opportunity Type:

Intermediate-Term Bullish

Close Price:


.19

 

Price Period:

Weekly

Volume:

371,900

Inbound Trend Duration:

5 weeks

 

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