RE:Lomiko Metals Posts Bullish 50 Day MA Cross What complete BS
this company's been running for over 25 years and not generated one penny in revenue not a ******* penny . decades of sucking the blood out of foolish investors
You have to be a moron to buy this stock'. make it easier just burn your ******* money.
Go pump your garbage elsewhere ..maybe break into a Salvation Army and steal their money
yukon_gold wrote: Apr 29, 2022
Trading Central has detected a "Price Crosses Moving Average" chart pattern formed on Lomiko Metals Inc (LMR:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.07.
Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars).
Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.
This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.