Post by
apapas1973 on Feb 17, 2022 9:53pm
Resisting the pull of the markets
Considering today was a disaster in the markets, CNC did a great job navigating through it. It seems like it wants to drop, but Im still seeing the continuation of divergence between the price and the indicators. That's whats baffling me. I also think the markets might drop down to test the previous low and maybe drop below. That would make it a little difficult for CNC. If the drop in the markets can hold off a bit we might get our long awaited news to help prop the price up and finally put a floor under it. GLTA
Comment by
EndZonefor7 on Feb 17, 2022 10:23pm
I believe it's strong insider support apapas due to the strategic deal in the works and we also have a rising nickel price. As well almost no shorts which gives the manipulators limited power to push down prices. If Norilsk gets sanctioned then that may be lift off for nickel stocks like gold stocks did the last few days.