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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Comment by apapas1973on Jun 29, 2023 4:55pm
75 Views
Post# 35521203

RE:RE:Massive divergences forming again.

RE:RE:Massive divergences forming again. I would agree the chart looks weak cobalt but I don't just look at the chart. That's exactly the reason most sell at the bottom and buy after a strong rally or near the top. They need confirmation. We need to look for clues of a turnaround. I use different parameters on RSI so I get different numbers. You're using the default setting. Also using macd cross and RSI is old school. People have evolved. Many other indicators combined will give you a clearer picture. Not perfect by any means. But a bit clearer. Then again you have to ask will they let it run after this next rally or cap it again? I think this one they let go. They'll have gotten their entry. If the markets fall out of bed then all bets are off. It really doesn't matter. GLTA
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