Post by
Dixiedee on May 26, 2023 10:18am
What happened
What happened osmond had to many accounts imagine being so lonely you have to talk and answer yourself lol
now to the facts
NFG price is fluctuating with the price of gold rightfully or wrongfully it is so when gold goes down like it has the last couple days below it's 100 day moving average then most gold stock go down and NFG happens to be in that camp now
So on these down days which are mostly low volume days you can get the stock on sale 5.50 to 6.00 is the range lately it appears with it mostly trading at 5.68 to 5.95 on these days
These days I view as buying opportunities we traded a few. Weeks ago as high as 7.60 which is major resistance that we retreated from twice if one was a trader 5.50ish would be a buy and 7.40 to 7.60 a sell these are just my thoughts if you want to trade it which I have done from time to time here but I still hold my ever growing long term position
my point being traders and investors react different and speculators are different than both the trader and investor
you need to know what kind of investor you are with each one. Of your positions and that will determine how you react to all the news and noise
Comment by
TheModWanks on May 26, 2023 10:27am
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