Nouveau monde Graphite, daily.
Holy moly this is textbook. *Trade idea below*
The downtrend forming since Feb. 2021 seemed to have been picked up nice with a converging trend line and is now consolidating in a tighter range.
RSI and TSI follow the same pattern, can be seen even better on weekly timeframe.
With current macro context favouring commodities,...
Huge support at 11.29
6.86 = our last chance to support the price
10.09 is a full projection of the wave A wich would be our wave C before we start our wave 3 of a the major trend.
My Reload zone : 11.29 to 6.86
Let's say i am out if it goes below 5.
Our major trend should end at a price of 50.
NOU has been the first graphite company in North America who was able to achieve over 90% pure graphite flakes from their production. They are going to be key element for EV car batteries with their anode technology to come to the market and they are going to be the first mine in the world use only electric trucks for their mining process. Located in Canada,...
After long years of development and refining and honing their technologies, Nouveau Monde Graphite (NOU:TSX) can finally start producing. It's good news too, Graphite price and demand is set to rise substantially by 2025 especially now that there are ~180 new gigafactories set for development and over a trillion invested in the growth and structure of lithium-ion...
Phase 2 of What Is Planned to Become North America’s Largest Fully Integrated Anode Material Production Facility has started, they are in a perfect position to supply the EV industry. Their only holdback if there is one would be the lack of raw materials, but that is going to drive up the price of graphite as well. Secured further investment and are ready to...
