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EverGen Infrastructure Corp V.EVGN

Alternate Symbol(s):  EVGIF

EverGen Infrastructure Corp. is a Canada-based independent renewable energy producer. The Company acquires, develops, builds, owns and operates a portfolio of renewable natural gas (RNG), waste to energy, and related infrastructure projects. Its Renewable Natural Gas Infrastructure Platform is combating climate change and helping communities contribute to a sustainable future. It operates three organic waste management facilities and two RNG production facilities. Its projects include Fraser Valley Biogas (FWB), GrowTEC, Project Radius, Sea to Sky Soils (SSS), Pacific Coast Renewables (PSR) and Prairie Sky Organics (PSO). FVB is an RNG facility, which combines anaerobic digestion and biogas upgrading to produce RNG, primarily by converting agricultural waste from local dairy farms. PCR, SSS and PSO operate organic waste conversion facilities, which process inbound organics, yard waste and biosolids and produce organic compost and soil for farmers, gardeners and developers.


TSXV:EVGN - Post by User

Comment by Joseisokon Feb 07, 2022 9:32am
88 Views
Post# 34404253

RE:OVERSOLD

RE:OVERSOLD
Joseisok wrote:
STOCK BULL AND BEAR REPORT

EverGen Infrastructure Corp forms bullish "Hammer" chart pattern
Feb 03, 2022

Trading Central has detected a "Hammer" chart pattern formed on EverGen Infrastructure Corp (EVGN:TSXV). This bullish signal indicates that the stock price may rise from the close of $3.60.

Tells Me: The price may have reached the bottom of the recent downtrend, having recovered high up from a sharp decline for the session.

The Hammer appears during a downtrend, displaying a long lower shadow with a small real body at the top of the range. The price may be developing a bottom and due for a reversal to the upside.

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

Price Chart - EverGen Infrastructure Corp

     I'm looking at 4.13 for resistance. With any serious volume, we could see the trend line at 4.60 , for what it's worth.

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