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
|
|