VR.V July 20 2012 Bullish Weekly Hammer

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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Yukon Gold

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VR.V July 20 2012 Bullish Weekly Hammer

posted on Jul 22, 2012 12:03AM

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:	Jul 20, 2012
Opportunity Type:	Intermediate-Term Bullish
Close Price:	.33

Price Period:	Weekly
Volume:	329,650
Inbound Trend Duration:	5 weeks

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