ECT87

A Big wedge is forming.

Long
TSXV:NFG   NEW FOUND GOLD CORP
New Found Gold is one of the higher grade discoveries this year.

I'm seeing some interesting support levels and a potential for a fairly safe 15 - 20% swing without having to fight the down sloping channel.

If it breaks the down slopping channel then could be a 30% plus swing.

This looks like a nice set up to me.

I'm going to look to start a half potion at $5.00 and review if it dips lower.





Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.