Bullboard - Stock Discussion Forum Ceylon Graphite Corp V.CYL

Alternate Symbol(s): CYLYF

Ceylon Graphite Corp is a graphite mining company. It is engaged in the exploration and production of high grade graphite. The company owns the K1 production site and several other sites advancing towards production including M1, N1 and H1

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Ceylon Graphite Corp > Ceylon Graphite forms bullish "Short-term KST" chart pattern

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Post by yukon_gold on Nov 02, 2021 7:42pm

Ceylon Graphite forms bullish "Short-term KST" chart pattern

Nov 02, 2021

Trading Central has detected a "Short-term KST" chart pattern formed on Ceylon Graphite Corp (CYL:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.20.

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.