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Viscount Mining Corp V.VML

Alternate Symbol(s):  VLMGF

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 historic Hardscrabble Silver District in the Wet Mountain Range, Custer County, south-central Colorado. It is located 44 miles WSW of Pueblo, Colorado. The property consists of 929.6 hectares high grade silver, gold and base metal production. The Cherry Creek Property focus is on the exploration in the immediate vicinity of an area known as the Cherry Creek Mining District, located approximately 50 miles north of the town of Ely, in White Pine County, Nevada. Cherry Creek consists of 578 unpatented and 41 patented claims as well as mill rights and is comprised of more than 5090.19 hectares. Cherry Creek includes more than 20 past producing mines including Blue Bird, Chance Mine, Filmore, and others.


TSXV:VML - Post by User

Post by yukon_goldon Jan 28, 2021 7:40pm
394 Views
Post# 32416273

Viscount $VML $VMLGF posts bullish MA, Momentum & MACD

Viscount $VML $VMLGF posts bullish MA, Momentum & MACD

All bullish, all-round, all systems go...on what could soon be the biggest Silver discovery in America!
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Viscount Mining Corp forms bullish "Price Crosses Moving Average" chart pattern

Jan 28, 2021

Trading Central has detected a "Price Crosses Moving Average" chart pattern formed on Viscount Mining Corp (VML:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.43.

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.

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

Price Chart - Viscount Mining Corp

 

Viscount Mining Corp forms bullish "Momentum" chart pattern
Jan 28, 2021

Trading Central has detected a "Momentum" chart pattern formed on Viscount Mining Corp (VML:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.43.

Tells Me: For bullish events, upward momentum has just built up with the latest price now trading higher than the price 10 bars ago. The opposite is true for bearish events where we're seeing downward momentum now that the price is trading lower than 10 bars ago. Momentum measures the velocity of price changes. For a 10-bar momentum, we take the difference between the last bar's close and the close 10 bars ago and we plot this as a line fluctuating above and below 0 which can be used as buy and sell signals when in agreement with prevailing trend analysis. Momentum is significant because it signals the strength of price trends. A healthy price trend tends to exhibit strong momentum, while weakening trends often have decreasing momentum indicating a trend reversal or correction.

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

Price Chart - Viscount Mining Corp

 

Viscount Mining Corp forms bullish "MACD" chart pattern
Jan 28, 2021

Trading Central has detected a "MACD" chart pattern formed on Viscount Mining Corp (VML:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.43.

The MACD (Moving Average Convergence Divergence) plots the difference between a shorter-term (12-bar) and a longer-term (26-bar) exponential moving average (EMA). Bullish and bearish events are generated respectively as the MACD fluctuates above and below zero to indicate whether prices in the shorter term are stronger or weaker than the longer term average. A 9-period EMA of the MACD is overlayed as a "signal line" which smooths out the MACD to provide a clearer view of whether it's moving upward or downward. A bullish event is generated when the MACD crosses above the signal line, showing that the current MACD is actually higher than its average, a sign of increasing strength for the price. The opposite is true for bearish events which signal decreasing strength in price as the MACD crosses below the signal line showing that it's now below average.

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

Price Chart - Viscount Mining Corp

 


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