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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: VR.V Feb 4 - 8 2013 Bullish Technical Update

Victory Resources Corp

(VR:TSXV)


Event Details for: Momentum

Tells Me: For bullish events, upward momentum has just built up with the latest price now trading higher than the price 10 bars ago. The opposite is true for bearish events where we're seeing downward momentum now that the price is trading lower than 10 bars ago. Momentum measures the velocity of price changes. For a 10-bar momentum, we take the difference between the last bar's close and the close 10 bars ago and we plot this as a line fluctuating above and below 0 which can be used as buy and sell signals when in agreement with prevailing trend analysis. Momentum is significant because it signals the strength of price trends. A healthy price trend tends to exhibit strong momentum, while weakening trends often have decreasing momentum indicating a trend reversal or correction.

Event Date:

Feb 08, 2013

Opportunity Type:

Short-Term Bullish

Close Price:

$0.14

Price Period:

Weekly

Volume:

20,200

The Momentum has moved above 0.





Victory Resources Corp

(VR:TSXV)


Event Details for: Price Crosses Moving Average

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.

Event Date:

Feb 08, 2013

Opportunity Type:

Short-Term Bullish

Close Price:

$0.14

Price Period:

Daily

Volume:

2,800

Price crossed above the 21-day moving average.





Victory Resources Corp

(VR:TSXV)


Event Details for: Short-term KST

The KST, "Know Sure Thing", is an oscillator that combines multiple time frames into a single measure of momentum for a financial instrument. It can be interpreted in the same way as other smoothed oscillators but most commonly indicates bullish and bearish momentum signals as it crosses above and below its moving average respectively.

Event Date:

Feb 07, 2013

Opportunity Type:

Short-Term Bullish

Close Price:

$0.13

Price Period:

Daily

Volume:

1,900





Victory Resources Corp

(VR:TSXV)

Event Details for: Triple Moving Average Crossover

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average periods. Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. In the triple crossover method, a bullish signal is generated when a faster moving average (4 bar) crosses above an intermediate moving average (9 bar), which in turn crosses above a slower moving average (18 bar). In this state, the price is likely in an established uptrend. The opposite is true when the 4 bar crosses below the 9 bar which in turn crosses below the 18 bar, triggering a bearish event.

Event Date:

Feb 07, 2013

Opportunity Type:

Short-Term Bullish

Close Price:

$0.13

Price Period:

Daily

Volume:

1,900

4-day moving average crossed above the 9-day which subsequently crossed above the 18-day.





Victory Resources Corp

(VR:TSXV)


Event Details for: MACD

The MACD (Moving Average Convergence Divergence) plots the difference between a shorter-term (12-bar) and a longer-term (26-bar) exponential moving average (EMA). Bullish and bearish events are generated respectively as the MACD fluctuates above and below zero to indicate whether prices in the shorter term are stronger or weaker than the longer term average. A 9-period EMA of the MACD is overlayed as a "signal line" which smooths out the MACD to provide a clearer view of whether it's moving upward or downward. A bullish event is generated when the MACD crosses above the signal line, showing that the current MACD is actually higher than its average, a sign of increasing strength for the price. The opposite is true for bearish events which signal decreasing strength in price as the MACD crosses below the signal line showing that it's now below average.

Event Date:

Feb 04, 2013

Opportunity Type:

Short-Term Bullish

Close Price:

$0.14

Price Period:

Daily

Volume:

15,500

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