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: Victory Resources Corp Bullish Engulfing Line

Victory Resources Corp

(VR:TSXV)


Event Details for: Engulfing Line (Bullish)

Tells Me: The recent downtrend is due to reverse, now that buying pressure has overwhelmed prior selling pressure. Following a clear downtrend, we see two candlesticks where the white real body of the second completely envelops the black real body of the first, showing that the bulls have take over from the bears.

Event Date:

Jun 08, 2012

Opportunity Type:

Intermediate-Term Bullish

Close Price:


.41

Price Period:

Weekly

Volume:

318,200

Inbound Trend Duration:

5 weeks

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