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Storm Exploration Inc V.STRM

Alternate Symbol(s):  CWVWF

Storm Exploration Inc. is a Canadian mineral exploration company. The Company is focused on the discovery and development of economic precious and base metal deposits on four district-scale projects in northwest Ontario: Miminiska, Keezhik, Attwood and Gold Standard. The 5,494 hectares (ha) Miminiska project is located approximately 350 kilometers (km) north of the city of Thunder Bay in north-western Ontario and within traditional territory of the Eabametoong First Nation. The Keezhik Project is located approximately 380 km north of the city of Thunder Bay and within the traditional territory of the Eabametoong First Nation. The project comprises over 570 mineral claim cells covering 12,482 ha. The Attwood Project is located in north-western Ontario approximately 320 km north of the city of Thunder Bay and within the traditional territory of the Eabametoong First Nation. The Gold Standard Project comprises over 284 mineral claims covering 6,016 ha.


TSXV:STRM - Post by User

Post by yukon_goldon Oct 28, 2023 9:40am
220 Views
Post# 35705556

Storm Posts Bullish Triple MA Cross & Intermediate-term KST

Storm Posts Bullish Triple MA Cross & Intermediate-term KST

Storm Exploration Inc forms bullish "Triple Moving Average Crossover" chart pattern
Oct 27, 2023

Trading Central has detected a "Triple Moving Average Crossover" chart pattern formed on Storm Exploration Inc (STRM:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.07.

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average periods.

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. In the triple crossover method, a bullish signal is generated when a faster moving average (4 bar) crosses above an intermediate moving average (9 bar), which in turn crosses above a slower moving average (18 bar). In this state, the price is likely in an established uptrend. The opposite is true when the 4 bar crosses below the 9 bar which in turn crosses below the 18 bar, triggering 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 - Storm Exploration Inc

 

Storm Exploration Inc forms bullish "Intermediate-term KST" chart pattern
Oct 27, 2023

Trading Central has detected an "Intermediate-term KST" chart pattern formed on Storm Exploration Inc (STRM:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.07.

The KST, "Know Sure Thing", is an oscillator that combines multiple time frames into a single measure of momentum for a financial instrument. It can be interpreted in the same way as other smoothed oscillators but most commonly indicates bullish and bearish momentum signals as it crosses above and below its moving average respectively.

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

Price Chart - Storm Exploration Inc

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