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Bullboard - Stock Discussion Forum Solis Minerals Ltd V.SLMN

Alternate Symbol(s):  SLMFF

Solis Minerals Limited is a Canada-based lithium explorer focusing on Latin American critical minerals. The Company owns a 100% interest or option to acquire 100% interest in the Borborema Lithium Project in northeast (NE) Brazil, covering approximately 26,100 hectares (ha). The Borborema Lithium Project targets exploration of Lithium-Caesium-Tantalum (LCT) bearing pegmatites. It also holds a... see more

TSXV:SLMN - Post Discussion

Solis Minerals Ltd > Solis Minerals Posts Bullish 50-Day MA Cross
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Post by yukon_gold on Mar 01, 2022 8:22pm

Solis Minerals Posts Bullish 50-Day MA Cross

Solis Minerals Ltd forms bullish "Price Crosses Moving Average" chart pattern
Mar 01, 2022

Trading Central has detected a "Price Crosses Moving Average" chart pattern formed on Solis Minerals Ltd (SLMN:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.23.

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.

Price Chart - Solis Minerals Ltd

Comment by severeanalysts on Mar 04, 2022 3:16am
HI FEELOW SOLIS SH HOLDERS IF YOU ALL LIKE Cu AND SOLIS YOUR GONNA LOVE THIS ONE ALSO IN CHILE BIG Cu numbers, big dd hole results 53 m of 2.34% Cu, incl 17 m of 3.77 % Cu they hit econ porphyry Cu values in 43 of 52 recentt dd holes rich porphyry sytem in Chile right belt of course eh read latest NRS and talk to CEO Martin Kostiuk  see BMR,  And Cu is well on its way to over 5 ...more  
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