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Nordique Resources Inc C.NORD

Alternate Symbol(s):  BRCGF

Nordique Resources Inc. is a Canada-based lithium and gold exploration company. The Company owns a 100% interest in the Quebec-Li properties in northern Quebec. The Company also owns 100% of the Albany Forks Rare Earth Elements (REE) property in northern Ontario.


CSE:NORD - Post by User

Post by yukon_goldon Apr 01, 2022 10:20pm
147 Views
Post# 34569376

Max Resource Corp forms bullish 200 Week MA Crossover

Max Resource Corp forms bullish 200 Week MA Crossover
Apr 01, 2022

Trading Central has detected a "Price Crosses Moving Average" chart pattern formed on Max Resource Corp (MAX:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.57.

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 - Max Resource Corp



 




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