Juggernaut Exploration Ltd V.JUGR

Alternate Symbol(s): JUGRF

Metals & Mining Industrial Metals & Minerals

Juggernaut Exploration Ltd. is a Canada-based company that is in the business of acquiring, exploring and evaluating mineral resource properties. The Company’s operating properties include Midas and Empire Properties, Gold Standard Property, Gold Star Property and Bingo Property. It entered into two separate letter agreements with J2 Syndicate Holdings Ltd. (the J2 Syndicate) and its members (the Optionors) providing the Company with the right to acquire a 100% interest in the Midas property situated in the Skeena Mining Division of British Columbia and the Empire property situated in the Omineca Mining Division of BC. The Gold Standard Property contains over 3,961 hectares located in West Central British Columbia (BC). The Gold Star Property contains over 238 hectares located in West Central BC in close proximity to the Gold Standard Property. It also has 100% interest in and to certain mineral claims situated in the Skeena Mining District in British Columbia, the Bingo Property.

TSXV:JUGR - Post by User

Juggernaut Exploration Ltd > Juggernaut Exploration Ltd forms bullish "Key Reversal Bar"

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Post by yukon_goldon Oct 28, 2023 9:40am

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Post# 35705557

Juggernaut Exploration Ltd forms bullish "Key Reversal Bar"

Oct 27, 2023

Trading Central has detected a "Key Reversal Bar (Bullish)" chart pattern formed on Juggernaut Exploration Ltd (JUGR:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.14.

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

A Key Reversal Bar (Bullish) develops after a strong decline. The bar shows that the price opened clearly to the downside, preferably a good deal lower than the prior close, but the bears were unable to sustain the move and after developing a wide range, the price closes near or above the prior bar's close.

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