RE:RE:RE:RE:If this closes at .195 today we are DOOMEDSince NXTTF is quoted in USD, forex comes into play. It is indicative of, but not very influential on the Cdn price when the Cdn market is closed.
Also, I prefer to TA stocks in thier home currency unless volume is signifiantly larger elsewhere, then I'd go with that.
In N's case I see the Cdn price leading the way with the US ticker just following along based on forex equivilents.
If NXTTF was trading along with N and had more volume as it dropped, then I'd expect N to drop too.
I can't do a daily TA until markets close since all volume and bars need to be charted for the analysis to make any sense since most indicators are not where they will be after the close.
Moetown1 wrote: Also how does it work if nxttf hit .19 Canadian (.1444) yesterday, does that mean $n will have to or eventually will hit .19 or not necessarily?
lastly, if it closes today at .19 or .195 what does that do to the TA or chart because we've never closed this low ... I mean we have in 2016 but not in the last 52 weeks. It briefly touched .195 last week but now it's sitting there.
garbage stock