Nemaska Lithium Inc NMKEF

RE:wow

[will.ca]

Could be some upcoming news, but could not nothing more than a technical chart move as well. Similar to the two other big pops we have had, the bollinger bands have narrowed (typically means a breakout up or down is coming), the upward trendline has caught back up to the price, and once the price breaks above the previous high there is nothing but air above so very little resistance to move up.

Long term the valuation is going to be much higher than where we are now so buyers are pricing that in and buying now.

The thing that is so encouraging about this stock is that everytime we have gone up the price has consolidated sideways without any meaningful retracement. You look at every other lithium junior/explorer and when they spike up they then quickly retrace the move back down. Nemaska is more advancement than most of these companies though so that is also why. There is less speculation here as the roadmap is complete and they continue to meet targets.

Sure is nice seeing 800%+ in the win column. Congrats to all the others who have been holding this for awhile!!