Raven Gold Corp. (RVNG)

[yordy]

RAVEN GOLD (NASDAQ:RVNG) Uptrend
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
Based on a pre-defined weighted trend formula for chart analysis, RVNG scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend):


+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Thursday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, Week Ending August 13th
+30 New 3 Month High in August

+80 Total Score