Bullboard - Stock Discussion Forum Nano One Materials Corp T.NANO

Alternate Symbol(s): NNOMF

Chemicals Specialty Chemicals

Nano One Materials Corp. is a clean technology company with a patented, scalable and low-carbon intensity industrial process for the low-cost production of high-performance lithium-ion battery cathode materials. It specializes in the production of low-cost, high-performance cathode active materials for lithium-ion batteries. Its technology is applicable to electric vehicles, energy storage, and... see more

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TSX:NANO - Post Discussion

Nano One Materials Corp > Plan ahead, set a sell order at ~$2.25 CAD?

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Post by Lawisfun on Jul 18, 2024 3:37pm

Plan ahead, set a sell order at ~$2.25 CAD?

If we're lucky, we might get a big news release prior to or during the "Special" AGM. If the NR is significant, we might even see a ~60% pump before the ensuing dump. That could get us back to about $2.12 from where we trade today (which is just about the highs following the Worley NR and prior to the dump that followed the Worley NR).

The pattern with Nano is to have a pump following big news followed by a dump and then an extended downtrend until the next pump.

For example, following the SMM pump (which peaked at about $3.30 CAD), we collapsed to sub-$2 following the ensuing dump and extended downtrend.

So if you are planning to sell on news, it might be prudent to set a sell order in and around that ~$2.25 mark to hopefully catch some sales at the peak if/when we get our next big NR and associated pump. These Nano pumps tend to be extremely short so it helps to plan ahead. There will be many investors looking to exit at the next opportunity so I trust a dump following our next pump is reasonable to expect.

good luck to all the longs.

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