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EverGen Infrastructure Corp V.EVGN

Alternate Symbol(s):  EVGIF

EverGen Infrastructure Corp. (EverGen) is a Canada-based renewable natural gas infrastructure platform. EverGen is a renewable energy producer which acquires, develops, builds, owns and operates a portfolio of renewable natural gas, waste to energy, and related infrastructure projects. It is focused on combating climate change and helping communities contribute to a carbon-free future through its strategy to develop a renewable natural gas infrastructure platform, starting on the West Coast of Canada in British Columbia and other regions of North America. It owns and operates three organic waste conversion facilities in British Columbia, which process inbound organics, yard waste and biosolids for a contracted tipping fee and produces organic compost and soils for farmers, gardeners and developers. It also operates two operating biogas production facilities. Its subsidiaries include Net Zero Waste Abbotsford Inc., Sea to Sky Soils and Composting Inc. and Fraser Valley Biogas Ltd.


TSXV:EVGN - Post by User

Post by Joseisokon Feb 04, 2022 11:30am
141 Views
Post# 34397768

OVERSOLD

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STOCK BULL AND BEAR REPORT

EverGen Infrastructure Corp forms bullish "Hammer" chart pattern
Feb 03, 2022

Trading Central has detected a "Hammer" chart pattern formed on EverGen Infrastructure Corp (EVGN:TSXV). This bullish signal indicates that the stock price may rise from the close of $3.60.

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.

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

Price Chart - EverGen Infrastructure Corp

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