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Bullboard - Stock Discussion Forum Petro One Energy Corp CUDBF

Energy Oil & Gas E&P

GREY:CUDBF - Post Discussion

Petro One Energy Corp > POP.V July 13 2012 Bullish Hammer
View:
Post by yukon_gold on Jul 16, 2012 12:10am

POP.V July 13 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 13, 2012

Opportunity Type:

Intermediate-Term Bullish

Close Price:


.18

 

Price Period:

Weekly

Volume:

240,008

Inbound Trend Duration:

5 weeks

 

 



Comment by MineDigger on Jul 16, 2012 3:03am
As all the other hammers have failed, why should this one work?
Comment by waffenss on Jul 16, 2012 2:37pm
Seems the PUMPERS...don't like this chart...hmmmmmmm imagine that eh....LOL   Petro One Energy Corp. (TSXV : V.POP)
Petro One Energy Corp
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