DmitriTrader

NEMASKA LITHIUM is ready for the price reversal

Long
DmitriTrader Updated   
TSX:NMX   None
This daily chart demonstrates how the price going up without backup in form of a good volume. Therefore, it is loosing its momentum and it was stopped at the resistance level at 2.25, which was established a few days ago. Personally, I think the price will retreat to the 23.6% level or even maybe to the 38.20% level, and then it will continue its trend.

Nemaska Lithium is #2 stock in the S&P/TSX Global Base Metals Index. Patience will bring some good results.
Order cancelled:
I closed my position with this equity
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.