VanadiumCorp Resource Inc. VRBFF

Primary Symbol: V.VRB

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 products from vanadiferous feedstocks such as titanomagnetite concentrates and industrial waste streams.

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

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Post by yukon_goldon Mar 16, 2023 11:03am

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Post# 35342439

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.