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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 > The close today and open tomorrow will be important
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Post by apapas1973 on Feb 22, 2022 11:55am

The close today and open tomorrow will be important

I noticed we pushed well into overbought. If we can get a further push tomorrow that would be a very very good sign. All indicators have turned up. I would prefer if we didn't close back below 3. We need to show strength here. A quick backtest of 3 and reversal is fine. But not close back below it.
Comment by EndZonefor7 on Feb 22, 2022 2:52pm
Fighting the Dow as the morning went on. Back above $3 again. Some buying push thru 3 from a new house 55. Velocity. International broker. Interesting. 
Comment by CravingProfits on Feb 22, 2022 4:49pm
thanks for sharing and contributing  Endzone....and good volume too!! News coming maybe? GLTA
Comment by EndZonefor7 on Feb 22, 2022 6:48pm
You're welcome CravingProfits. Yes the volume was the highest in 3 weeks and that buying power stepping up after it dropped below $3 is very bullish action. Makes you think we're close to something. The MACD on the chart turning positive last two days for the first time since November 22 is also very bullish. Need to bust through the $3.19 then $3.29 levels and we're back in action ...more  
Comment by Iwant2Retire on Feb 22, 2022 8:50pm
Endzone. Your reply seems to indicate there is insider trading prior to an announcement of a partner.  Do you just accept that as the norm?  I'm a newbie so humour me.
Comment by EndZonefor7 on Feb 22, 2022 9:12pm
Iwant2retire, sometimes it's insiders, sometimes it's investors wanting in nickel stocks. Anytime you break out of a bottoming trend it says something is going on and we know a strategic can happen at anytime. With nickel prices taking off its a perfect storm. Tomorrow will be interesting if there is follow thru or news.
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