Silver One Resources Inc V.SVE

Alternate Symbol(s): SLVRF

Metals & Mining Silver

Silver One Resources Inc. is a Canada-based company, which is focused on the exploration and development of silver projects. It is engaged in three projects: Candelaria, Cherokee and Silver Phoenix. The Company owns a 100% interest in its flagship project, the past-producing Candelaria silver project (the Candelaria Project) located in Nevada and has claims staked in eastern Nevada. The Company has staked 636 lode claims and entered into an agreement to acquire five patented claims on its Cherokee project located in Lincoln County, Nevada, host to multiple silver-copper-gold vein systems, for over 11 km along-strike. The Company also owns a 100% interest in the Silver Phoenix Project. The Silver Phoenix Project is a high-grade native silver prospect that lies within the Arizona Silver Belt, immediately adjacent to the prolific copper producing area of Globe, Arizona. The Arizona Silver Belt hosts several silver producers, such as the McMorris, Buckeye and Stonewall Jackson Mines.

TSXV:SVE - Post by User

Silver One Resources Inc

Bullboard Posts

Comment by toottooton Jan 21, 2019 2:24pm

223 Views

Post# 29260732

RE:Bullish technicals

shipwreckedfool wrote:

TD Technicals show a price target of .34-.36 should momentum continue...

Megaphone Bottom

2019 Jan 04 WEEKLY

Long-Term Bullish

Volume 1,500,238

Close Price 0.21

Target Price 0.34 - 0.36

Pattern Duration 20 days

Inbound Trend Duration 20 days

Tells Me: The recent broadening action tells us that trading has been out of control, but a breakout on the upside suggests we're starting a more decisive uptrend.

With its broadening price swings, the Megaphone represents a market that's unstable and out of control. It typically consists of two successively higher highs between three lower lows, and the reversal signal occurs when the price breaks up above the second peak (the highest high) as a sign of a more decisive bullish move.

This very well could have been bullish technical but management decided to have a greedy moment and do a PP at 15 cents.
And then they will go and blame the market for the stock price is so low and wonder why no one wants to invest in their companies.
These juniors are all a like.

Bullboard Posts

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