Royal Nickel Corp. RNKLF

Reading on CEO.ca

[DonnieV1]

ROYAL NICKEL CORP gained 0.77% in the last trading day, rising from $0.50 to $0.51 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has been going up and down for this period, and there has been a -15.49% loss for the last 2 weeks. Volume fell in the last day by -121 588 shares, and in total, 148 292 shares bought and sold for approximately $75 317.50. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days. Trend ROYAL NICKEL CORP lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $0.51 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 136.41% during the next 3 months and, with 90% probability hold a price between $1.20 and $2.89 at the end of this period