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Bullboard - Stock Discussion Forum 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... see more

TSXV:CNC - Post Discussion

Canada Nickel Company Inc > Indicators are starting to confirm this move
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Post by apapas1973 on Nov 24, 2021 5:38pm

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.
Comment by caramba71 on Nov 24, 2021 5:54pm
Holy - some serious words from apapas. That will scare them off.  ;-) But seriously:  Would love to hear what indicators you are using and apply them to my chart... I got some (probably less known) indicators that have served me well in the past, including CM Willimas Vix Fix, Bollinger Band %B, and CMF.  In combination they can provide some idea on selling and buying especially as ...more  
Comment by apapas1973 on Nov 24, 2021 6:32pm
Lol Caramba. I can see them running. Can't you?... RSI and MACD are the most common. Most people use them.
Comment by caramba71 on Nov 24, 2021 6:50pm
Yeah - good old RSI and MACD.  I use them a lot.  I thought you might have some other magic wand in your toolset but I think that was reserved to someone else on this board ;-)
Comment by apapas1973 on Nov 24, 2021 9:46pm
Lol Caramba. Endzone has the magic wand. I guess it got fixed. It was broken a while back. Not sure if endzone lends it out. We'll have to ask.
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