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Bullboard - Stock Discussion Forum
Max Resource Corp
V.MAX
Alternate Symbol(s):
MXROF
Metals & Mining
Industrial Metals & Minerals
Max Resource Corp. is a Canada-based mineral exploration company advancing the newly discovered district-scale wholly owned Sierra Azul Copper-Silver Project in Colombia and its wholly owned Floralia Hematite Iron Ore Project in Brazil. The Sierra Azul Project is a district-scale copper-silver project spanning 120-km along the 200-km-long Cesar Basin in the mining region of northeastern...
Colombia. The Project consists of 20 mining concessions spanning over 188 square kilometers (km2). Its exploration is focused on three districts at Sierra-Azul: AM District, Conejo District, and URU District. The Floralia Hematite Iron Ore Project is located 70 km southeast (SE) of Belo Horizonte, Minas Gerais. The Floralia Hematite open cut is of significant size consisting of five benches rising to 48 meter (m) and 160 m in width revealing plunging bands of hematite iron ore at the base, and sub-horizontal banding at the top of the open cut and is open in all directions.
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TSXV:MAX - Post Discussion
Max Resource Corp
> MXR.V Technical Chart -Break over 0.30 to confirm Uptrend
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•••
InvestAU1
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Post by
InvestAU1
on May 24, 2021 5:32pm
MXR.V Technical Chart -Break over 0.30 to confirm Uptrend
Here are links to technical charts for Max Resources:
Daily chart
-
MXR.V | SharpChart | StockCharts.com
W
eekly Chart
-
MXR.V | SharpChart | StockCharts.com
K
ey Points:
1. Both daily and weekly charts seem to point double bottom at 19 cts.
2. Seems to be in uptrend now. Rising MACD and RSI ( CTM).
3. Needs to break resistence 29.5 cts to confirm solid uptrend. Close over 30 cts will form "W" pattern and would be bullish for the stock.
(311)
•••
Popeye82
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Comment by
Popeye82
on May 24, 2021 9:41pm
Don't you canadian Guys have a "bit MORE", than Charting ?? Charting is PRETTY, PRETTY boring, in my Opinion.
Thank You
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