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Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU

Alternate Symbol(s):  NEVDQ | T.NCU.WT.C

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and... see more

TSX:NCU - Post Discussion

Nevada Copper Corp > NCU's CHART
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Post by SNgu8000 on Jan 07, 2021 12:04pm

NCU's CHART

Short term last two-months chart of NCU looked like BITCOIN$ 's chart . Weekly's chart ( I love this one so much ) , DECIDEDLY BREAK UP 50dma with more than 20mil in volume ( Still Friday not count yet ) - that's STRENGTH . Chart need breath here somewhere close ......
Comment by Notgnu on Jan 07, 2021 12:07pm
Thanks Sngu, I have only very basic chart understang (moving averages and volume) but great to know what those who are profient in it think. Regards, N
Comment by Rational43 on Jan 07, 2021 12:21pm
MACD shows room for a much longer move up, but RSI at 81 points to a pause at somepoint. Technical indicators aren't always as reliable for exploration success or major de-risking events, and I wouldn't worry too much about them in the near term.  Not sure how far this run will take, or what will happen when Copper consolidates at some point here, but for all but the most diehard ...more  
Comment by SNgu8000 on Jan 07, 2021 12:33pm
I don't know  TA much too Notg , one thing I know for sure is LOT traders on sideline waiting for " GOLDEN CROSS " to jump in , by that time NCU should be $.42 . Compare to ALL COPPER CHARTS : CS , CMMC , TKO , TRQ , FM , FCX ( I missed them all , now is too much and too late to build " POPCORN PORTFOLIO " . All had GREAT RUN , NCU is LATE and ONLY undervalue to the ...more  
Comment by Rational43 on Jan 07, 2021 12:41pm
NCU was late, because unlike all of those other stocks you mention, it wasn't actually producing commercial quantities of copper. Now it is, with a clear path to much more production. Agreed, lots of upside left here.  Lots and lots.   As for the other copper producers, do your DD on metrics.  Earnings and cash flow matter, don't just look at share price.   ...more  
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