Bullboard - Stock Discussion Forum Golden Sky Minerals Corp V.AUEN

Alternate Symbol(s): LCKYF

Metals & Mining Gold

Golden Sky Minerals Corp. is a Canada-based mineral exploration company. The Company is focused on acquiring and developing exploration and evaluation assets. The properties include Hot Spot, Bull’s Eye, Luckystrike, Rayfield, Eagle Mountain, Argo Copper Gold, Squid East and BRC. The Hot Spot Property is located approximately 100 kilometers south of Dawson, Yukon. It is located on the Big Creek... see more

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Golden Sky Minerals Corp > Golden Sky bends the trend bullish with weekly Gap Up

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Post by yukon_gold on Feb 05, 2021 7:57pm

Golden Sky bends the trend bullish with weekly Gap Up

Golden Sky Minerals Corp forms trend-ending "Gap Up" chart pattern
Feb 05, 2021

Trading Central has detected a "Gap Up" chart pattern formed on Golden Sky Minerals Corp (AUEN:TSXV). This trend-ending signal indicates that the stock price trend may end.

Gaps usually represent important areas of support or resistance. A Gap Up will indicate different situations based on the context in which it was formed. A Gap Up in an uptrend may indicate a previous level of resistance has been broken and now forms a support level. A Gap Up in a downtrend may indicate an end to, or a reversal of, the prior downtrend. Gaps provide an indication of a financial instrument's SHORT-TERM outlook.

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