Canada Nickel Company Inc V.CNC

You got your reversal.

[apapas1973]

It looks like that's it. Scumbags have decided to let this run. That's the way it should have been. These people should be put in prison. Or even worse...

[EndZonefor7]

There we go. That gut feel thing works once inawhile.

[PCGuy10]

I mentioned in the past that my brokerage flagged 3 bearish patterns in the last 3 months - Triangle Top, Double Top, and Downside Breakout. All 3 had targets ranging from $1.80-2.20. The double top pattern's target was $1.90-2.20. That pattern was confirmed at $2.18 then took off. WTF?

[EndZonefor7]

Looks like the classic capitulation candle with increased volume. The big buyers the last hour must have sensed the sellers were done. Kudos to those who got some.

[Rm90090]

Im wondering if there is news coming tommorow. From 2.20 to 2.48 is a 12.7% increase.

[apapas1973]

Tomorrow's target is 270 ish endzone and we'll be in the 290's by Friday. I squeezed some in at 226. But I'll be honest, a break and close of that 220 would have been a heart breaker. I would have lost more than a few nights of sleep... I might even squeeze some in tomorrow.

[apapas1973]

If you go by those technicals, then you should be buying heavy down here PCguy if you were able to cause we flagged 3.90-4.20 a few days ago.

[PCGuy10]

Apapas, I pulled the eject handle in the low 2.60's fearing that one of those patterns would be filled. I set a few emotional red line account balances that must be held at all costs. They were crossed a few times and the last one was the final straw. Today CIBC flagged an outside bar (Bullish) candle stick pattern. It also flagged a Bearish outside bar at the 52 wk high and the last time it

[apapas1973]

Nothing wrong with what you did PCguy. You set your parameters and stuck to them. I think everyone should be doing that. Just remember 275 ish on the upside will be resistance and then the major one at 3. If we break those early in this uptrend, then all bets are off the table.