Bullboard - Stock Discussion Forum Viscount Mining Corp V.VML

Alternate Symbol(s): VLMGF

Metals & Mining Industrial Metals & Minerals

Viscount Mining Corp. is a Canada-based project generator and an exploration company. The Company has a portfolio of silver and gold properties in the Western United States, including Silver Cliff in Colorado and Cherry Creek in Nevada. The Silver Cliff property in Colorado lies within the Hardscrabble Silver District in the Wet Mountain Valley, Custer County, south-central Colorado. It is... see more

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Viscount Mining Corp > Viscount Mining forms bullish "Gravestone" chart pattern

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Post by yukon_gold on Feb 28, 2021 4:06pm

Viscount Mining forms bullish "Gravestone" chart pattern

Feb 26, 2021

Trading Central has detected a "Gravestone (Bullish)" chart pattern formed on Viscount Mining Corp (VML:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.36.

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.