Agressive Gold Exploration Across the Americas

Victory Resources (TSX-V: VR) is a growing mineral exploration company developing the Reforma property in Sinoala, Mexico and the AU-WEN project in Merritt, BC.

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Message: VR.V Aug 31 2012 Bullish Hammer

Victory Resources Corp

(VR:TSXV)


Event Details for: Hammer

Tells Me: The price may have reached the bottom of the recent downtrend, having recovered high up from a sharp decline for the session. The Hammer appears during a downtrend, displaying a long lower shadow with a small real body at the top of the range. The price may be developing a bottom and due for a reversal to the upside.

Event Date:

Aug 31, 2012

Opportunity Type:

Short-Term Bullish

Close Price:


.20

Price Period:

Daily

Volume:

26,700

Inbound Trend Duration:

5 days

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