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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

Comment by Cobalton Feb 02, 2024 7:27pm
108 Views
Post# 35860664

RE:RE:RE:Shorts in danger - bullish pattern detected

RE:RE:RE:Shorts in danger - bullish pattern detectedWhats wrong with you thats not my call it was the lines you left out from your posting of a AI chart reading site. and we have an update 

Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 25/01/2024, 8 days ago, when the stock price was 1.6200. Since then CNC.V has fallen by -12.35%.
 
Bear market rallies may be vicious reversals, giving hard times to those holding short positions; so, it is better to be on alert. There is a bullish pattern to be confirmed, but the share price is still not above its confirmation level and the signal is suggesting to STAY SHORT, but the chance of a bullish confirmation that will change the signal to BUY is very high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis.

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