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gkm
Sep 14, 2023 4:33 PM

Area 51 Long

Novagold Resources Inc.Arca

Description

Key area of interest in the $4 range.

Oversold on multiple time frames. Back to area of breakout. At an annual pivot. Potential weekly and monthly stochastic divergences, but only minor ones and not confirmed. Worth a small shot with 40 cent trailing stop and first target 4.80. Then reevaluate.
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