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arabgab
Nov 21, 2019 8:29 AM

Opportunity for NST Long

NORTHERN STAR RESOURCES LTDASX

Description

Expecting a recovery for gold stocks with an opportunity in NST. The price has pulled back to a long-term up trendline and found support for 3 consecutive weeks. More strength is provided by a Ichiminko cloud bounce which has occurred multiple times through NST's history.

Gold price is likely to increase with US - China negotiations driving negative sentiment around economic growth.

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