Vanadiumcorp Resource Inc VRBFF

Primary Symbol: V.VRB

Metals & Mining Industrial Metals & Minerals

VanadiumCorp Resource Inc. is a Canada-based critical metals company. The Company is engaged in the acquisition and exploration of mineral properties in Canada, with a primary focus on the exploration of the Lac Dore and Iron-T Properties in Quebec. The Company produces a stream of quality vanadium electrolytes for Vanadium Redox Flow Batteries (VRFB). The Iron-T Property is located in the Nord-du-Quebec administrative region in the Province of Quebec, approximately 15 kilometers (km) east of Matagami and 780 km northwest of Montreal. The Lac Dore Property is located approximately 27 km east-southeast from the City of Chibougamau, in Eeyou Istchee James Bay Territory, Nord-du-Quebec administrative region, Province of Quebec, Canada. The Lac Dore Project comprises two claim blocks, referred to as Lac Dore Main and Lac Dore North. The Lac Dore Main claims cover an area of 648.82 hectares (Ha), and the Lac Dore North claims cover an area of 4,637.87 Ha.

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Vanadiumcorp Resource Inc > Vanadiumcorp Resource Inc forms bullish "Outside Bar" chart

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Post by yukon_goldon Mar 16, 2023 11:03am

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Post# 35342439

Vanadiumcorp Resource Inc forms bullish "Outside Bar" chart

Mar 15, 2023

Trading Central has detected an "Outside Bar (Bullish)" chart pattern formed on Vanadiumcorp Resource Inc (VRB:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.11.

Tells Me: Selling pressure showing signs of exhaustion; we may see higher prices at least in the short term.

An Outside Bar (Bullish) develops during a strong downtrend, when the trading range completely encompasses the range of the prior bar. This signals an exhaustion of the prior downtrend and potentially a reversal.

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