Velox Energy Materials Inc V.VLX

Alternate Symbol(s): CUIRF

Metals & Mining Industrial Metals & Minerals

Velox Energy Materials Inc. is a Canada-based energy materials company, which is engaged in developing and progressing high-value assets in resource and research- friendly jurisdictions. The Company is focused on energy materials solutions for the global transition to net zero. The Company is focused on the advanced North Queensland Vanadium (NQV) project in Queensland, Australia. Its NQV project covers 1,246 square kilometers (km2) in northwest Queensland, about 500 kilometers (km) southwest of Townsville. The NQV project is located in northwest Queensland, Australia, along the Flinders Highway between Julia Creek and Richmond. Its Kotai Hydrogen Project is focused on the commercialization of technology that can produce high-pressure hydrogen following transport as an inert powder. The Company’s Lake Pierre Project is located approximately 55 km east of the town of Havre St Pierre. The Company's subsidiaries include Currie Rose Vanadium Pty Ltd., and WA Hydrogen Pty Ltd.

TSXV:VLX - Post by User

Velox Energy Materials Inc

Bullboard Posts

Post by miner49er2on Jan 08, 2011 1:17am

685 Views

Post# 17942785

BUY signal confirmed

Updated January 7, 2011

BUY
CONFIRMED

Candlestick Analysis
Today’s Candlestick Patterns:
White Marubozu

Today a White Marubozu was formed. This shows that the buyers controlled the price action from the first trade to the last trade.

CURRIE ROSE RESOURCES INC

Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 12.31.2010 (7) days ago, when the stock price was 0.3600. Since then CUI has fallen -5.56% .

BUY-IF is confirmed by a white candlestick with a lower open and a higher close. The buying price is the previous close ( 0.3100 ) according to the Rules of Confirmation.

Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a BUY-IF confirmation but today it is. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion. The market is now ready for a bullish move.

We hope that you acted quickly and already bought this stock . Your important benchmark was the previous close. You were supposed to watch the session carefully, feel its bullish tendency despite the lower opening, and go long after making sure that the prices stay over the previous close.

If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.

https://americanbulls.com/StockPage.asp?CompanyTicker=CUI&MarketTicker=VSE&TYP=S

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