Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications
Message: TD Bull and Bear report
FWIW...a Bullish Signal!
POET Technologies Inc forms bullish "Hammer" chart pattern
Jul 29, 2022
Trading Central has detected a "Hammer" chart pattern formed on POET Technologies Inc (PTK:TSXV). This bullish signal indicates that the stock price may rise from the close of $5.67.
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.
This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.
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