Beautiful H&S pattern is forming! Just an Idea, not a financial advise
New in Trading Please tell me if my analysis is correct or wrong!
Not financial advice, Check the previous post for updated comments.
Bearish currently with lack of volume. Currently bouncing between support and resistance. Stay out of the chop and buy the break out. As this is the largest mine in North America the price will grow in time but short time plays are within reach as it grows. Long term potential is amazing!
NAK is a great one for short swings! load zones are .30-.60, and exits are at 1-1.10, always go lighter on penny stocks though! remember they are cheap for a reason ;) i look at penny stocks the same way i look at lotto calls. only put it what your willing to lose.
NAK has been moving up steadily, good momentum and increasing in price. Pressure on the short interest will create a pop big to the upside for this penny stock.
Not financial advice..
Not financial advice...Please do your own dd especially concerning the federal permits regarding Pebble project!
AMEX:NAK Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100% * Minimum 30% Profit
Reason for buying this stock: Entry: 1. Candle is above ALMA 2. CCI Breaks 100 Exit: 1. Sell when happy 2. Candle is below ALMA TP: $0.8 - $3.25 Not a financial advice. TAYOR. DYOR
My reasoning here is based on respecting the TA. If the GAP must be closed, then this weekly on NAK would suggest that from its current price point, it must close that gap as it rides RSI and MACD swing. Thoughts? Disclaimer: I am new to TA.
i could see this happening today if not within the next few days i’ll be watching $NAK this morning anticipating a move up once the apex fills in or breaks through the descending bull flag resistance, as the EMA on the daily crosses above the red plot line with the bullish candle reversal. loving the volume aiming for a 20-30% gain in the short term
an ugly cup and handle formed, but a cup and handle nonetheless most pops are sold, but we should bounce off the trendline around .529 where there are buyers then move higher. ideally, i would like to see us break out of the downtrend on the channel/pitchfork
Gap fill upwards, huge influx of volume today. Possibly insiders loading up before an expected move. Conservative PT $0.81, ambitious PT $1.38
The price has bottomed out and returned again ABOVE the key level 0.35 I expect further upward movement to 1.5 - 1.7 - 2.25 either from the current levels, or after retesting the level of 0.35