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Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the Crawford Project. Its wholly owned NetZero Metals Inc. to develop zero-carbon production of Nickel, Cobalt and Iron and applied for the trademarks NetZero Nickel NetZero Cobalt and NetZero Iron across several jurisdictions.


TSXV:CNC - Post by User

Post by apapas1973on Nov 24, 2021 5:38pm
279 Views
Post# 34163375

Indicators are starting to confirm this move

Indicators are starting to confirm this move
What we want to look for on long one directional price moves is divergences. We had it on the way down. That was our queue to start bottom feeding. Keep in mind divergences can last for weeks or months. With today's move the indicators I use are starting to make slightly higher highs one at a time compared to the last times we were at 350 ish. I suspect we're going to push well into overbought and stay there for quite a while as more and more people realize this is the real deal. Right now no one but the strong holders on here believe in the story. I will tell you one thing. People are going to wake up one day rubbing their eyes in disbelief. When they broke this down below $3, they did a lot of damage. They stretched this really far one way. What happens is you get an equally strong move or more in the other direction before a pullback. For the scumbags behind that breakdown (if they're reading this) I have some words for you. You're about to get crucified if you're still in this for the wrong reasons.
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