Strikepoint Gold Inc V.SKP

Alternate Symbol(s): STKXF

Metals & Mining Gold

StrikePoint Gold Inc. is a Canada-based gold exploration company focused on building precious metals resources in Canada and the Western United States. The Company’s projects include Cuprite, Willoughby and Porter. The Cuprite Gold Project consists of approximately 574 unpatented claims covering approximately 44 square kilometers (km), located 15 kilometers (km) south of Goldfield Nevada, and 85-km northwest of Beatty. The project is accessible by Highway 95 on the western margin of the property. The project is located within the Walker Lane Gold Trend. The Company holds a 100% interest in the Willoughby property, located in north-western British Columbia. The project is subject to a 1.5% net smelter return (NSR) royalty. The Company holds a 100% interest in the Porter Idaho Property, located near Stewart, British Columbia. The property is subject to a 1% NSR.

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Strikepoint Gold Inc

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Post by yukon_goldon Jul 07, 2022 10:51pm

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Post# 34810192

Strikepoint Gold Inc forms bullish Gravestone chart pattern

Jul 07, 2022

Trading Central has detected a "Gravestone (Bullish)" chart pattern formed on Strikepoint Gold Inc (SKP:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.06.

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.