Bullboard - Stock Discussion Forum Sonoran Desert Copper Corp V.SDCU

Alternate Symbol(s): PMDRF

Prime Meridian Resources (TSX-V: PMR) is targeting confirmed and speculative mining opportunities in Mexico. By taking controlling ownership of these endeavours, we are able to both maximize development efficiency and ensure operations are orchestrated in a unified and cohesive manner providing streamlined productivity and growth every step of the way. This formula provides accelerated... see more

Add To Watchlist

TSXV:SDCU - Post Discussion

Sonoran Desert Copper Corp > Sonoran Desert Copper forms bullish Hammer chart pattern

View:

Post by yukon_gold on Apr 02, 2024 8:19pm

Sonoran Desert Copper forms bullish Hammer chart pattern

Apr 02, 2024

Trading Central has detected a "Hammer" chart pattern formed on Sonoran Desert Copper Corp (SDCU:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.09.

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.