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.
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Event Date:
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Jul 20, 2012
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Opportunity Type:
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Intermediate-Term Bullish
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Close Price:
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.33
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Price Period:
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Weekly
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Volume:
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329,650
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Inbound Trend Duration:
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5 weeks
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