Bullboard - Stock Discussion Forum VanadiumCorp Resource Inc. V.VRB

Alternate Symbol(s): VRBFF

Metals & Mining Industrial Metals & Minerals

VanadiumCorp Resource Inc. and its subsidiaries are engaged in the acquisition, exploration, and development of mineral properties in Canada with a primary focus on the Lac Dore and Iron-T Properties in Quebec that are prospective for vanadium, titanium, and iron. Additionally, the Company is engaged in research in novel hydrometallurgical processes for recovering vanadium, iron, and titanium... see more

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TSXV:VRB - Post Discussion

VanadiumCorp Resource Inc. > Vanadiumcorp Resource Inc forms bullish "Outside Bar" chart

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Post by yukon_gold on Mar 16, 2023 11:03am

Vanadiumcorp Resource Inc forms bullish "Outside Bar" chart

Mar 15, 2023

Trading Central has detected an "Outside Bar (Bullish)" chart pattern formed on Vanadiumcorp Resource Inc (VRB:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.11.

Tells Me: Selling pressure showing signs of exhaustion; we may see higher prices at least in the short term.

An Outside Bar (Bullish) develops during a strong downtrend, when the trading range completely encompasses the range of the prior bar. This signals an exhaustion of the prior downtrend and potentially a reversal.

This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.