Juggernaut Exploration Ltd. V.JUGR

Alternate Symbol(s): JUGRF

Metals & Mining Industrial Metals & Minerals

Juggernaut Exploration Ltd. is a Canada-based company that is in the business of acquiring, exploring and evaluating mineral resource properties. The Company’s operating properties include Midas and Empire Properties, Gold Standard Property, Gold Star Property and Bingo Property. It entered into two separate letter agreements with J2 Syndicate Holdings Ltd. (the J2 Syndicate) and its members (the Optionors) providing the Company with the right to acquire a 100% interest in the Midas property situated in the Skeena Mining Division of British Columbia and the Empire property situated in the Omineca Mining Division of BC. The Gold Standard Property contains over 3,961 hectares located in West Central British Columbia (BC). The Gold Star Property contains over 238 hectares located in West Central BC in close proximity to the Gold Standard Property. It also has 100% interest in and to certain mineral claims situated in the Skeena Mining District in British Columbia, the Bingo Property.

TSXV:JUGR - Post by User

Juggernaut Exploration Ltd. > Juggernaut Exploration Ltd forms bullish "Gravestone" chart

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Post by yukon_goldon Feb 09, 2024 11:09pm

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Post# 35873512

Juggernaut Exploration Ltd forms bullish "Gravestone" chart

Feb 09, 2024

Trading Central has detected a "Gravestone (Bullish)" chart pattern formed on Juggernaut Exploration Ltd (JUGR:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.08.

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.