RE:Technicals look promising so far..s2000duck,
I'll first state that I greatly appreciate your provisioned technical share price analysis.
I do agree that there presently seems to be an effort on the part of certain market participants, whomever they would be, to not so aggresively support the GRA.T share price in achieving incrtementally higher and higher price points. Such GRA.T share price supporting actors would likely be well capable of achieving the retrace upward to that CAD$2.96 52 week high NanoXplore share price point, perhaps prior to the last day of trading before the Canadian Thanksgiving weekend.
The more recently achieved early September intraday share price low of $2.13, with only 98,000 shares traded during that particular day, being caught and ridden upward to your suggested $2.85 share price, during an approximately 35 day period, would be a nice outcome during the interim period.
I understand you suggested the share price would not likely be enabled to break out above your suggested $2.85 share price before the Q1 2025 quarterly report is publicly disseminated during November.
Should your calculus regarding that potential breakout above said price point following the Q1 2025 financials be dependent upon the Q1 2025 result over all coming in better than the Q4 2024 quarterly results, it would be unlikely that a comprehensively better Q1 2025 result would be the very catalyst serving to drive the NanoXplore share price higher than $2.85.
I expect there would have to be some other strategic business development relating catalyst or catalysts supporting a move above your suggested $2.85 share price point and any move above that seemingly selected to be impenetrable CAD$3.00 share price.
You'll note I had obviously been far too early in calling for an initial roughly $3.40 share price point, followed up relatively quicky by a $4.60 GRA.T price point being achieved; this primarily due to an expectation on my part of achieved tangible deliverables supporting the commencement of the physical build-out of one or more of NanoXplore's previously suggested five year strategic business development investment initiatives and also predominantly due to an expectation on my part of the full and final consummation of what I expected would by now be a comprehensive co- branding, co- marketing and graphene and graphene enhanced materials supply entailing commercial agreement amongst NanoXplore and a well recognized chemicals company, a.k.a. "the industrial titan" I've long alluded to necessarily coming along and serving to place NanoXplore on the global map, so to speak.
Obviously, I got ahead of myself and most importantly, I got way ahead of the reality of precisely when it would be more feasible to have NanoXplore representatives actually successfully achieve much of what I previously expected to have already occurred.
You stated "No coincidence that analysts 12 month target price range from $3.25 to $4...they all expect some thick molasses at the multi-year year MA ranging at 3.55. Economy and markets permitting of course."
My friend, equities analysts covering NanoXplore are conveniently looking past and thus choosing to overlook the current "thick molasses" preventing NanoXplore share price from achieving and sustaining sufficient explosive force which would facilitate the GRA.T share price breaking through that seemingly impenetrable and seemingly 20' foot thick $3.00 granite cap.
You went on to state "I would also expect that the summer shorts have been covered this week or are in the process to be covered. I personally don't care who shorts - the big boys play games for profit motives and small peons like me just need to learn how to manage context. But I also know that shorters can become your friends at some point."
Since you suggest "the summer shorts have been covered this week or are in the process to be covered", I'll chose to entertain the possibility, especially given Wednesday's 845,400 daily traded volume anomaly could very well support your assertion regarding summer short sellers.
By the way, although I do agree with most of what you suggested regarding GRA.T short sellers, I have to point out that even though short sellers covering and going long, requiring short sellers to come into the market and actually purchase their respective tranches of GRA.T shares, would result in some or perhaps even an immense amount of sustained upward momentum being placed in supporting an upward bias in trajectory for the NanoXplore share price, I would not tend to think of GRA.T short sellers, whether they be institutional or retail short sellers, as potentially being my friends.
Simply because somebody, e.g. GRA.T short sellers, temporarily no longer elects to act against my core intent and sustained overall long and strong investment interests, does not make them my friends; their newly adopted stance and temporarily directed positive support toward GRA.T shares at best temporarily no longer makes them my enemy.
Finally, you stated "Nothing is ever a certainty of course. It's all in the business execution by mgmt, and analysts reward good execution with love :)"
For the most part I entirely agree with your suggestion.
Althogh, I have to emphasize I am also interested in senior equities analysts chosing to have their respective employers place thier respective vast sums of available investment monies where their senior equities analysts mouth is, so to speak.
Hmm? Perhaps Patrice McNicoll could share such a suggestion with his friends over at B. Riley Securities Inc.
After all, I know he has some skin in the game here with his NanoXplore equities investment.