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S&P 500 Breaking Out Again: What This Means for Your Portfolio

Stock 3 Mins Read

The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside.

How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll over, it’s been more productive to track price action and watch for potential changes along the way. So far, drawdowns have been minimal, and breakouts keep occurring. Nothing in the price action hints at a lasting change — yet.

While some are calling this rally “historic,” we have a recent precedent. Recall that from late 2023 through early 2024, the index had a strong start and gave way to a consistent, steady trend.

From late October 2023 through March 2024, the S&P 500 logged seven consecutive trading box breakouts. That streak finally paused with a pullback from late March to early April, which, as we now know, was only a temporary hiccup. Once the bid returned, the S&P 500 went right back to carving new boxes and climbing higher.

New 52-Week Highs Finally Picking Up

If there’s been one gripe about this rally, it’s that the number of new highs within the index has lagged. As we’ve discussed before, among all the internal breadth indicators available, new highs almost always lag — that’s normal. What we really want to see is whether the number of new highs begins to exceed prior peaks as the market continues to rise, which it has, as shown by the blue line in the chart below.

As of Wednesday’s close, 100 S&P 500 stocks were either at new 52-week highs or within 3% of them. That’s a strong base. We expect this number to continue rising as the market climbs, especially if positive earnings reactions persist across sectors.

Even when we get that first day with 100+ S&P 500 stocks making new 52-week highs, though, it might not be the best time to initiate new longs.

The above chart shows that much needs to align for that many stocks to peak in unison, which has historically led to at least a short-term consolidation, if not deeper pullbacks — as highlighted in yellow. Every time is different, of course, but this is something to keep an eye on in the coming weeks.

Trend Check: GoNoGo Still “Go”

The GoNoGo Trend remains in bullish mode, with the recent countertrend signals having yet to trigger a greater pullback.

Active Bullish Patterns

We still have two live bullish upside targets of 6,555 and 6,745, which could be with us for a while going forward. For the S&P 500 to get there, it will need to form new, smaller versions of the trading boxes.

Failed Bearish Patterns

In the chart below, you can view a rising wedge pattern on the recent price action, the third since April. The prior two wedges broke down briefly and did not lead to a major downturn. The largest pullbacks in each case occurred after the S&P 500 dipped below the lower trendline of the pattern.

The deepest drawdown so far is 3.5%, which is not exactly a game-changer. Without downside follow-through, a classic bearish pattern simply can’t be formed, let alone be broken down from.

We’ll continue to monitor these formations as they develop because, at some point, that will change.

Keep Reading
Stock

S&P 500 Breaking Out Again: What This Means for Your Portfolio

Stock 3 Mins Read

The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside.

How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll over, it’s been more productive to track price action and watch for potential changes along the way. So far, drawdowns have been minimal, and breakouts keep occurring. Nothing in the price action hints at a lasting change — yet.

While some are calling this rally “historic,” we have a recent precedent. Recall that from late 2023 through early 2024, the index had a strong start and gave way to a consistent, steady trend.

From late October 2023 through March 2024, the S&P 500 logged seven consecutive trading box breakouts. That streak finally paused with a pullback from late March to early April, which, as we now know, was only a temporary hiccup. Once the bid returned, the S&P 500 went right back to carving new boxes and climbing higher.

New 52-Week Highs Finally Picking Up

If there’s been one gripe about this rally, it’s that the number of new highs within the index has lagged. As we’ve discussed before, among all the internal breadth indicators available, new highs almost always lag — that’s normal. What we really want to see is whether the number of new highs begins to exceed prior peaks as the market continues to rise, which it has, as shown by the blue line in the chart below.

As of Wednesday’s close, 100 S&P 500 stocks were either at new 52-week highs or within 3% of them. That’s a strong base. We expect this number to continue rising as the market climbs, especially if positive earnings reactions persist across sectors.

Even when we get that first day with 100+ S&P 500 stocks making new 52-week highs, though, it might not be the best time to initiate new longs.

The above chart shows that much needs to align for that many stocks to peak in unison, which has historically led to at least a short-term consolidation, if not deeper pullbacks — as highlighted in yellow. Every time is different, of course, but this is something to keep an eye on in the coming weeks.

Trend Check: GoNoGo Still “Go”

The GoNoGo Trend remains in bullish mode, with the recent countertrend signals having yet to trigger a greater pullback.

Active Bullish Patterns

We still have two live bullish upside targets of 6,555 and 6,745, which could be with us for a while going forward. For the S&P 500 to get there, it will need to form new, smaller versions of the trading boxes.

Failed Bearish Patterns

In the chart below, you can view a rising wedge pattern on the recent price action, the third since April. The prior two wedges broke down briefly and did not lead to a major downturn. The largest pullbacks in each case occurred after the S&P 500 dipped below the lower trendline of the pattern.

The deepest drawdown so far is 3.5%, which is not exactly a game-changer. Without downside follow-through, a classic bearish pattern simply can’t be formed, let alone be broken down from.

We’ll continue to monitor these formations as they develop because, at some point, that will change.

Keep Reading
Stock

S&P 500 Breaking Out Again: What This Means for Your Portfolio

Stock 3 Mins Read

The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside.

How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll over, it’s been more productive to track price action and watch for potential changes along the way. So far, drawdowns have been minimal, and breakouts keep occurring. Nothing in the price action hints at a lasting change — yet.

While some are calling this rally “historic,” we have a recent precedent. Recall that from late 2023 through early 2024, the index had a strong start and gave way to a consistent, steady trend.

From late October 2023 through March 2024, the S&P 500 logged seven consecutive trading box breakouts. That streak finally paused with a pullback from late March to early April, which, as we now know, was only a temporary hiccup. Once the bid returned, the S&P 500 went right back to carving new boxes and climbing higher.

New 52-Week Highs Finally Picking Up

If there’s been one gripe about this rally, it’s that the number of new highs within the index has lagged. As we’ve discussed before, among all the internal breadth indicators available, new highs almost always lag — that’s normal. What we really want to see is whether the number of new highs begins to exceed prior peaks as the market continues to rise, which it has, as shown by the blue line in the chart below.

As of Wednesday’s close, 100 S&P 500 stocks were either at new 52-week highs or within 3% of them. That’s a strong base. We expect this number to continue rising as the market climbs, especially if positive earnings reactions persist across sectors.

Even when we get that first day with 100+ S&P 500 stocks making new 52-week highs, though, it might not be the best time to initiate new longs.

The above chart shows that much needs to align for that many stocks to peak in unison, which has historically led to at least a short-term consolidation, if not deeper pullbacks — as highlighted in yellow. Every time is different, of course, but this is something to keep an eye on in the coming weeks.

Trend Check: GoNoGo Still “Go”

The GoNoGo Trend remains in bullish mode, with the recent countertrend signals having yet to trigger a greater pullback.

Active Bullish Patterns

We still have two live bullish upside targets of 6,555 and 6,745, which could be with us for a while going forward. For the S&P 500 to get there, it will need to form new, smaller versions of the trading boxes.

Failed Bearish Patterns

In the chart below, you can view a rising wedge pattern on the recent price action, the third since April. The prior two wedges broke down briefly and did not lead to a major downturn. The largest pullbacks in each case occurred after the S&P 500 dipped below the lower trendline of the pattern.

The deepest drawdown so far is 3.5%, which is not exactly a game-changer. Without downside follow-through, a classic bearish pattern simply can’t be formed, let alone be broken down from.

We’ll continue to monitor these formations as they develop because, at some point, that will change.

Keep Reading
Stock

S&P 500 Breaking Out Again: What This Means for Your Portfolio

Stock 3 Mins Read

The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside.

How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll over, it’s been more productive to track price action and watch for potential changes along the way. So far, drawdowns have been minimal, and breakouts keep occurring. Nothing in the price action hints at a lasting change — yet.

While some are calling this rally “historic,” we have a recent precedent. Recall that from late 2023 through early 2024, the index had a strong start and gave way to a consistent, steady trend.

From late October 2023 through March 2024, the S&P 500 logged seven consecutive trading box breakouts. That streak finally paused with a pullback from late March to early April, which, as we now know, was only a temporary hiccup. Once the bid returned, the S&P 500 went right back to carving new boxes and climbing higher.

New 52-Week Highs Finally Picking Up

If there’s been one gripe about this rally, it’s that the number of new highs within the index has lagged. As we’ve discussed before, among all the internal breadth indicators available, new highs almost always lag — that’s normal. What we really want to see is whether the number of new highs begins to exceed prior peaks as the market continues to rise, which it has, as shown by the blue line in the chart below.

As of Wednesday’s close, 100 S&P 500 stocks were either at new 52-week highs or within 3% of them. That’s a strong base. We expect this number to continue rising as the market climbs, especially if positive earnings reactions persist across sectors.

Even when we get that first day with 100+ S&P 500 stocks making new 52-week highs, though, it might not be the best time to initiate new longs.

The above chart shows that much needs to align for that many stocks to peak in unison, which has historically led to at least a short-term consolidation, if not deeper pullbacks — as highlighted in yellow. Every time is different, of course, but this is something to keep an eye on in the coming weeks.

Trend Check: GoNoGo Still “Go”

The GoNoGo Trend remains in bullish mode, with the recent countertrend signals having yet to trigger a greater pullback.

Active Bullish Patterns

We still have two live bullish upside targets of 6,555 and 6,745, which could be with us for a while going forward. For the S&P 500 to get there, it will need to form new, smaller versions of the trading boxes.

Failed Bearish Patterns

In the chart below, you can view a rising wedge pattern on the recent price action, the third since April. The prior two wedges broke down briefly and did not lead to a major downturn. The largest pullbacks in each case occurred after the S&P 500 dipped below the lower trendline of the pattern.

The deepest drawdown so far is 3.5%, which is not exactly a game-changer. Without downside follow-through, a classic bearish pattern simply can’t be formed, let alone be broken down from.

We’ll continue to monitor these formations as they develop because, at some point, that will change.

Keep Reading
Stock

S&P 500 Breaking Out Again: What This Means for Your Portfolio

Stock 3 Mins Read

The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside.

How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll over, it’s been more productive to track price action and watch for potential changes along the way. So far, drawdowns have been minimal, and breakouts keep occurring. Nothing in the price action hints at a lasting change — yet.

While some are calling this rally “historic,” we have a recent precedent. Recall that from late 2023 through early 2024, the index had a strong start and gave way to a consistent, steady trend.

From late October 2023 through March 2024, the S&P 500 logged seven consecutive trading box breakouts. That streak finally paused with a pullback from late March to early April, which, as we now know, was only a temporary hiccup. Once the bid returned, the S&P 500 went right back to carving new boxes and climbing higher.

New 52-Week Highs Finally Picking Up

If there’s been one gripe about this rally, it’s that the number of new highs within the index has lagged. As we’ve discussed before, among all the internal breadth indicators available, new highs almost always lag — that’s normal. What we really want to see is whether the number of new highs begins to exceed prior peaks as the market continues to rise, which it has, as shown by the blue line in the chart below.

As of Wednesday’s close, 100 S&P 500 stocks were either at new 52-week highs or within 3% of them. That’s a strong base. We expect this number to continue rising as the market climbs, especially if positive earnings reactions persist across sectors.

Even when we get that first day with 100+ S&P 500 stocks making new 52-week highs, though, it might not be the best time to initiate new longs.

The above chart shows that much needs to align for that many stocks to peak in unison, which has historically led to at least a short-term consolidation, if not deeper pullbacks — as highlighted in yellow. Every time is different, of course, but this is something to keep an eye on in the coming weeks.

Trend Check: GoNoGo Still “Go”

The GoNoGo Trend remains in bullish mode, with the recent countertrend signals having yet to trigger a greater pullback.

Active Bullish Patterns

We still have two live bullish upside targets of 6,555 and 6,745, which could be with us for a while going forward. For the S&P 500 to get there, it will need to form new, smaller versions of the trading boxes.

Failed Bearish Patterns

In the chart below, you can view a rising wedge pattern on the recent price action, the third since April. The prior two wedges broke down briefly and did not lead to a major downturn. The largest pullbacks in each case occurred after the S&P 500 dipped below the lower trendline of the pattern.

The deepest drawdown so far is 3.5%, which is not exactly a game-changer. Without downside follow-through, a classic bearish pattern simply can’t be formed, let alone be broken down from.

We’ll continue to monitor these formations as they develop because, at some point, that will change.

Keep Reading
Stock

S&P 500 Breaking Out Again: What This Means for Your Portfolio

Stock 3 Mins Read

The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside.

How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll over, it’s been more productive to track price action and watch for potential changes along the way. So far, drawdowns have been minimal, and breakouts keep occurring. Nothing in the price action hints at a lasting change — yet.

While some are calling this rally “historic,” we have a recent precedent. Recall that from late 2023 through early 2024, the index had a strong start and gave way to a consistent, steady trend.

From late October 2023 through March 2024, the S&P 500 logged seven consecutive trading box breakouts. That streak finally paused with a pullback from late March to early April, which, as we now know, was only a temporary hiccup. Once the bid returned, the S&P 500 went right back to carving new boxes and climbing higher.

New 52-Week Highs Finally Picking Up

If there’s been one gripe about this rally, it’s that the number of new highs within the index has lagged. As we’ve discussed before, among all the internal breadth indicators available, new highs almost always lag — that’s normal. What we really want to see is whether the number of new highs begins to exceed prior peaks as the market continues to rise, which it has, as shown by the blue line in the chart below.

As of Wednesday’s close, 100 S&P 500 stocks were either at new 52-week highs or within 3% of them. That’s a strong base. We expect this number to continue rising as the market climbs, especially if positive earnings reactions persist across sectors.

Even when we get that first day with 100+ S&P 500 stocks making new 52-week highs, though, it might not be the best time to initiate new longs.

The above chart shows that much needs to align for that many stocks to peak in unison, which has historically led to at least a short-term consolidation, if not deeper pullbacks — as highlighted in yellow. Every time is different, of course, but this is something to keep an eye on in the coming weeks.

Trend Check: GoNoGo Still “Go”

The GoNoGo Trend remains in bullish mode, with the recent countertrend signals having yet to trigger a greater pullback.

Active Bullish Patterns

We still have two live bullish upside targets of 6,555 and 6,745, which could be with us for a while going forward. For the S&P 500 to get there, it will need to form new, smaller versions of the trading boxes.

Failed Bearish Patterns

In the chart below, you can view a rising wedge pattern on the recent price action, the third since April. The prior two wedges broke down briefly and did not lead to a major downturn. The largest pullbacks in each case occurred after the S&P 500 dipped below the lower trendline of the pattern.

The deepest drawdown so far is 3.5%, which is not exactly a game-changer. Without downside follow-through, a classic bearish pattern simply can’t be formed, let alone be broken down from.

We’ll continue to monitor these formations as they develop because, at some point, that will change.

Keep Reading
Investing

CHARBONE presentera a la conference Hydrogen East et annonce le developpement d’un hub d’approvisionnement dans le marche de l’Atlantique via sa filiale

Investing 5 Mins Read

(TheNewswire)

Brossard, Quebec TheNewswire – le 12 mars 2026 CORPORATION Charbone (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (« Charbone » ou la « Société »), un producteur et distributeur nord-américain spécialisé dans l’hydrogène propre Ultra Haute Pureté (« UHP ») et les gaz industriels stratégiques, est heureuse d’annoncer sa participation à la conférence Hydrogen East du 13 avril 2026, ainsi que le développement d’un hub d’approvisionnement dédié à l’hydrogène UHP et aux gaz de spécialité stratégiques dans le marché du Canada Atlantique (« Hub Atlantique »).

Cette initiative marque une nouvelle étape dans la stratégie de déploiement de Charbone visant à établir un réseau intégré de hubs de production, stockage et distribution d’hydrogène et de gaz industriels stratégiques en Amérique du Nord.

Le futur Hub Atlantique qui sera géré par sa filiale Charbone Nouvelle-Écosse Inc. et opérationnel d’ici juin 2026, servira d’installation physique dédiée au stockage local et à la distribution régionale, permettant d’assurer un approvisionnement fiable et flexible en hydrogène pour une variété d’utilisateurs industriels exigeants, incluant les secteurs de la défense, de la fabrication avancée, de la mobilité et des infrastructures énergétiques.

Charbone est active dans la région de l’Atlantique depuis plus de trois (3) années et a développé une connaissance approfondie des marchés de la Nouvelle-Écosse, du Nouveau-Brunswick et de l’Île-du-Prince-Édouard, tout en travaillant sur différentes initiatives avec des clients et partenaires potentiels d’envergure, notamment dans les domaines suivants :

  • infrastructures portuaires 

  • chantiers navals et installations de la Marine canadienne 

  • chaîne d’approvisionnement de composantes automobiles 

  • entreprises de services publics et énergétiques 

  • entreprises de recherche et développement 

  • solutions de transport avancées à éro émission 

Ce modèle « hub-and-spoke » constitue un pilier de la stratégie de Charbone visant à déployer progressivement un réseau évolutif de hubs d’approvisionnement en hydrogène et en gaz industriels stratégiques à travers le Canada et les États-Unis, permettant de soutenir les marchés régionaux grâce à des capacités locales de stockage, de logistique et de distribution.

« La région du Canada Atlantique représente un marché stratégique pour Charbone, notamment en raison de la présence d’infrastructures de grandes qualités, d’utilisateurs industriels d’envergures et d’initiatives de transition énergétique, » a déclaré Dave B. Gagnon, PDG de Charbone. La Société prévoit que ce hub jouera un rôle structurant dans le développement de sa future plateforme logistique nord-américaine de l’hydrogène. »

Pour plus de détails sur la Conférence Hydrogen East, veuillez cliquer sur le lien ci-bas :

À propos de CORPORATION Charbone

Charbone est un développeur et producteur d’hydrogène propre Ultra Haute Pureté (UHP) doté d’une plateforme de distribution de gaz industriels en pleine expansion. Grâce à une approche modulaire, Charbone se concentre sur le développement d’un réseau d’usines de production d’hydrogène propre en Amérique du Nord et sur certains marchés à l’étranger, en commençant par son projet phare de Sorel-Tracy au Québec. Le modèle intégré de l’entreprise réduit les risques, améliore l’évolutivité et permet de diversifier ses sources de revenus grâce à des partenariats dans le domaine de l’hélium et d’autres gaz de spécialités. Charbone s’engage à soutenir la transition mondiale vers une économie bas carbone en fournissant des solutions d’hydrogène propre et de gaz de spécialités accessibles et décentralisées, tout en soutenant les clients industriels mal desservis en gaz et en accélérant la transition vers une énergie propre locale. Charbone est coté sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, veuillez visiter www.charbone.com.

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans le rapport de gestion de la Société pour la période terminée le 30 septembre 2025, qui peut être consultée sur SEDAR+ à l’adresse www.sedarplus.ca; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

 

Contact Corporation Charbone

Téléphone: +1 450 678 7171

Courriel: ir@Charbone.com

Benoit Veilleux

Chef de la direction financière et secrétaire corporatif

 

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

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Stock

S&P 500 Breaking Out Again: What This Means for Your Portfolio

Stock 3 Mins Read

The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside.

How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll over, it’s been more productive to track price action and watch for potential changes along the way. So far, drawdowns have been minimal, and breakouts keep occurring. Nothing in the price action hints at a lasting change — yet.

While some are calling this rally “historic,” we have a recent precedent. Recall that from late 2023 through early 2024, the index had a strong start and gave way to a consistent, steady trend.

From late October 2023 through March 2024, the S&P 500 logged seven consecutive trading box breakouts. That streak finally paused with a pullback from late March to early April, which, as we now know, was only a temporary hiccup. Once the bid returned, the S&P 500 went right back to carving new boxes and climbing higher.

New 52-Week Highs Finally Picking Up

If there’s been one gripe about this rally, it’s that the number of new highs within the index has lagged. As we’ve discussed before, among all the internal breadth indicators available, new highs almost always lag — that’s normal. What we really want to see is whether the number of new highs begins to exceed prior peaks as the market continues to rise, which it has, as shown by the blue line in the chart below.

As of Wednesday’s close, 100 S&P 500 stocks were either at new 52-week highs or within 3% of them. That’s a strong base. We expect this number to continue rising as the market climbs, especially if positive earnings reactions persist across sectors.

Even when we get that first day with 100+ S&P 500 stocks making new 52-week highs, though, it might not be the best time to initiate new longs.

The above chart shows that much needs to align for that many stocks to peak in unison, which has historically led to at least a short-term consolidation, if not deeper pullbacks — as highlighted in yellow. Every time is different, of course, but this is something to keep an eye on in the coming weeks.

Trend Check: GoNoGo Still “Go”

The GoNoGo Trend remains in bullish mode, with the recent countertrend signals having yet to trigger a greater pullback.

Active Bullish Patterns

We still have two live bullish upside targets of 6,555 and 6,745, which could be with us for a while going forward. For the S&P 500 to get there, it will need to form new, smaller versions of the trading boxes.

Failed Bearish Patterns

In the chart below, you can view a rising wedge pattern on the recent price action, the third since April. The prior two wedges broke down briefly and did not lead to a major downturn. The largest pullbacks in each case occurred after the S&P 500 dipped below the lower trendline of the pattern.

The deepest drawdown so far is 3.5%, which is not exactly a game-changer. Without downside follow-through, a classic bearish pattern simply can’t be formed, let alone be broken down from.

We’ll continue to monitor these formations as they develop because, at some point, that will change.

Keep Reading
Investing

LaFleur Minerals Inc.Taking Key Steps to Advance Position in Prolific Gold Belt

Investing 4 Mins Read

This article has been disseminated on behalf of LaFleur Minerals and may include paid advertising. Disclosure: This does not represent material news, partnerships or investment advice.

via MiningNewsWire — LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) today announces its placement in an editorial published by MiningNewsWire (‘MNW’), one of 75+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.

To view the full publication, ‘Record Gold Prices Reshape Opportunities for Emerging Producers,’ please visit: https://ibn.fm/yqQ5N

Gold prices have surged to record and near-record levels in recent months as persistent inflation concerns, geopolitical uncertainty and strong central-bank demand continue to drive investor interest in the precious metal. Major financial institutions have raised their outlook for bullion, with some analysts forecasting significantly higher prices over the next few years as global debt levels rise and economic volatility persists. In this environment, gold developers and emerging producers are working to strengthen their asset bases and accelerate projects that can respond to strong market conditions.

Among those is LaFleur Minerals Inc., which has taken several notable steps to advance its position within Québec’s prolific Abitibi Gold Belt. The company recently released a positive Preliminary Economic Assessment (‘PEA’) for its Swanson Gold Project sourcing mineralized material from its nearby gold mill, confirmed strong drilling results that reinforce the deposit’s growth potential and continued advancing refurbishment work at its fully permitted Beacon Gold Mill. Together, these developments reflect LaFleur’s strategy of combining exploration success with existing infrastructure as it works toward restarting gold production and strengthening its foothold in a rising gold market.

About LaFleur Minerals Inc.

LaFleur Minerals is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. The Company’s mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares (183 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec and Jolin gold deposits and several other showings, which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential. LaFleur Minerals’ fully permitted and refurbished Beacon Gold Mill is capable of processing more than 750 tonnes per day and is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects.

Qualified Person Statement – All scientific and technical information contained in the LaFleur Minerals Market Awareness Profile (MAP) has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company and considered a Qualified Person for the purposes of NI 43-101.

NOTE TO INVESTORS: The latest news and updates relating to LFLR are available in the company’s newsroom at http://ibn.fm/LFLRF  

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Tartisan Nickel Corp. Intersects 24.6 Metres of 0.71% Ni, 0.56% Cu Including 6.1 Metres of 1.17% Ni, 1.45% Cu at the Kenbridge Nickel-Copper-Cobalt Project, Northwestern Ontario

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Tartisan Nickel Corp. (CSE: TN,OTC:TTSRF) (OTCQX: TTSRF) (FSE: 8TA) (‘Tartisan’, or the ‘Company’) is pleased to provide an update on the Phase 1 diamond drill program at the Company’s Kenbridge Nickel-Copper-Cobalt Project, Sioux Narrows, Northwestern Ontario. The Phase 1 drill program was designed to test the on strike and down dip potential for additional nickel sulphide mineralization to enhance the size and grade of the Kenbridge Deposit.

A total of 3,191m of drilling has been completed to date. The first 4 drill targets have been completed (drill holes KB26-207, KB26-208, KB26-209 and KB26-210 outlined on Figure 1). Samples were delivered to AGAT Labs in Thunder Bay for analysis.

Reported in this release are the results from the 4th hole KB26-210. Results from the hole confirm both A and B zones were intersected as outlined in the Table 1 below. Zone A was intersected from 762.4 to 787.0m drill depth and returned 0.71% Ni, 0.56% Cu over 24.6 metres including 6.1m of 1.17% Ni, 1.45% Cu from 762.4 to 768.5m drill depth and 2.0 m of 1.73% Ni, 0.31% Cu from 774.5 to 776.5m drill depth. Zone B was intersected from 800.2m to 806.0m drill depth. Results were 0.27% Ni, 0.24% Cu over 5.8 metres. Drill core intersection widths are estimated to be between 65 and 80% true width.

Fig 1: Long section of Kenbridge deposit showing drilling targets. Completed or holes in progress are outlined in red circles.

To view an enhanced version of this graphic, please visit:
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Mark Appleby, CEO of Tartisan Nickel Corp., stated, ‘The KB26-210-hole result represents a significant high-grade intercept. We are very encouraged to see the wider intersection as the deposit appears to now flare outwards at depth. Intersecting 24.6 metres of 0.71% Ni and 0.56% Cu including higher grade portions (1.17% Ni, 1.45% Cu over 6.1m and 1.73% Ni, 0.31% Cu over 2.0m) confirms continuity of significant nickel-copper mineralization in this system. These results will strengthen our ability and confidence in upgrading our resource and in the project’s overall potential. While we have now taken a brief pause for spring break up, the company will introduce Borehole EM down the drill holes completed in Phase 1 and commence Phase 2 drilling this spring. We look forward to drilling below the existing shaft bottom to test for the depth extension to the deposit shortly.’

Table 1: Highlight intervals (* denotes hole reported in this release)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1492/288216_table1.jpg

The Kenbridge Property is in the Kenora Mining District, Sioux Narrows, Ontario, Canada with all-season road access. The Kenbridge Deposit has an existing shaft to a depth of 2,042 ft (622 m), with level stations at 150 ft. (45 m) intervals below the shaft collar and two levels developed at 350 ft (107 m) and 500 ft (152 m) below the shaft collar.

Surveyed Hole Locations (Coordinates in UTM zone 15)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1492/288216_table2.jpg

Qualified Person

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in NI 43-101 and reviewed and approved by Dean MacEachern, P. Geo., an Independent Consultant to the Company and a Qualified Person as defined by NI 43-101.

QA/QC

Sample QA/QC procedures for Tartisan have been designed to meet or exceed industry standards. Drill core is collected from the diamond drill and placed in sealed core trays for transport to on-site sampling and core cutting facilities. The core is logged and samples taken from 0.3m to a maximum sample length of 1.5m. The core samples are split with a diamond blade saw with continuous running water, half of the sample is sent for lab testing, and the remaining half core is left in the core box for record or further sampling. The core samples are bagged in heavy plastic bags with 6 samples being placed into a rice bag for transport to AGAT Laboratories in Thunder Bay, ON or Calgary, AB for assay. Samples are submitted in batches of 50. 100g blind certified reference materials (CRMs) from CDN Resources, as well as, duplicates and blank samples are systematically inserted by the Company into the sample stream with reference to the mineralization in the sampled rock and analyzed as part of the Company’s quality assurance/quality control protocol, as well, AGAT labs implements their own quality control testing by inserting their own CRMs and Blanks in the sample stream for accredited testing.

All drill core samples were prepped and analyzed at AGAT Laboratories in Thunder Bay, Ontario or shipped to Calgary for testing. An ISO/IEC 17025 2017 certified independent laboratory from organizations like the Standards Council of Canada (SCC), the Canadian Association for Laboratory Accreditation (CALA), ANSI National Accreditation Board (ANAB) and the American Association of Laboratory Accreditation (A2LA). They maintain accreditations across their facilities in Alberta, Saskatchewan, Ontario, Nova Scotia, Newfoundland, Quebec and internationally.

NQ-diameter sawed half-core samples from the drilling program were securely sent by Tartisan Nickel Corp’s geologists to AGAT Laboratories Ltd. (AGAT), with sample preparation in Thunder Bay, Ontario, and analysis in Thunder Bay, Ontario & Calgary, Alberta. Samples were processed for Au, Pt and Pd analysis by 50-gram fire assay with ICP-OES finish and for four acid digestion, multi-element analysis by inductively coupled plasma & mass spectrometry (ICP OES + MS). AGAT sample preparation and laboratory analysis procedures conform to requirements of ISO/IEC Standard 17025 guidelines and meet the requirements under NI 43-101 and CIM best practice guidelines. AGAT Laboratories is independent of Tartisan Nickel Corp.

Samples were dried and crushed to 2 mm, from which a 250 g sub-sample split was then pulverized to 85% passing a 75 micron sieve. Following preparation, assays were determined by the ICP OES method. A 0.25 g aliquot of the prepared pulp was digested in a 4-acid solution consisting of hydrochloric, nitric, perchloric and hydrofluoric acids. 4-acid is a near total digest and only the most highly resistant minerals are not dissolved. The resulting solution was analyzed via ICP-MS and ICP-ES for 8 elements and was corrected for inter-element spectral interferences. Lower detection limits for this procedure are 0.01 ppm for nickel, 0.01 ppm for copper, 0.01 ppm for cobalt, 0.01 ppm for platinum, 0.01 ppm palladium, 0.01 ppm silver and 0.01 ppm for gold.

Samples with initial results beyond the upper detection limit of the ICP OES method were analyzed by (201-071) 4 acid digest – Metals Package, ICP-OES/ICP-MS finish (CGY). The thresholds are >1% for nickel, copper and cobalt. AGAT Laboratories employs internal quality control standards, duplicates and blank samples at set frequencies. Tartisan Nickel Corp. stores all its drilled core on-site and takes pride in its facilities and strives for excellence in its QA/QC procedures.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company which owns, the Kenbridge Nickel-Copper Project near Sioux Narrows, Northwestern Ontario, the Sill Lake Silver Project near Sault Ste. Marie, Ontario as well as the Night Danger Turtle Pond Project near Dryden, Ontario.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE: TN,OTC:TTSRF) (OTCQX: TTSRF) (FSE: 8TA). Currently, there are 152,215,641 shares issued and outstanding (156,287,356 fully diluted).

For further information, please contact Mark Appleby, President & CEO, and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company’s website at www.tartisannickel.com or on SEDAR+ at www.sedarplus.ca.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288216

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