JZR Gold Inc. JZRIF

Primary Symbol: V.JZR

Metals & Mining Gold

JZR Gold Inc. is a Canada-based junior mining resource company. The Company is engaged in the business of the exploration and development of mineral properties. The Company holds interests in the province of British Columbia, Canada, and the State of Amapa, Brazil. Its Spider mine in British Columbia are gold and silver exploration targets. The Company’s flagship property is the Vila Nova Gold Project, which is in the development stage. It hosts approximately nine million tons of tailings. The Company is constructing an 800 tons per day mill on the Vila Nova Gold Project, in Amapa state, Brazil.

TSXV:JZR - Post by User

JZR Gold Inc.

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Post by yukon_goldon Sep 09, 2022 8:11pm

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Post# 34953474

Jazz Resources Inc forms bullish "Gravestone" chart pattern

Sep 09, 2022

Trading Central has detected a "Gravestone (Bullish)" chart pattern formed on Jazz Resources Inc (JZR:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.70.

Tells Me: The bears have sustained control over the downtrend, but the period has shown a surge of bullish demand that suggests we are nearing a bottom.

During a downtrend, the bar opens at its low (or very close to its low), then rallies, but isn't able to sustain the move and closes back down near the open. The bulls have lost the battle but have shown some strength during this period. It's possible we are nearing a bottom.

This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.