Canada Nickel Company Inc V.CNC

Another test of 140.

[apapas1973]

This is relentless. I will say of the 4 times we've tested this level since June, once was the breakdown and the others held. In each of the 3 times it held, the indicators have made a higher low each time respectively. They never followed the price down. Even the time we broke down it diverged. Anytime we have these signals, they're precursors to significant moves or trend changes. This can go on for weeks or months before we see the move. . The clueless naysayers can say what they want about technical analysis and how wrong I am along with everyone else. They're going to eat their words in a big way this time. Lol. GLTA

[GnuckyT]

Going to teach a little lesson.   Its regarding VWAP.  HIt the quote link above and it will take you to all sorts of financial indicators inclucing VWAP which is just under 1.40 Institutions that have to unload paper for their customers will use VWAP to sell their holdings.  That's why you will see it go up repeatedly up above  1.40 and the unloading and volume

[apapas1973]

By no means is TA perfect Gnucky. Nor do I agree with it very much. The problem is it works because people believe it works. That's it. That's not right. We have indicators, we have charts and we have patterns. And unfortunately the people that can navigate through this the best, are most likely to succeed in a trade. "Most likely". Never any guarantees in this business. It's

[EndZonefor7]

Gnucklehead is clueless as usual. Anyone who wanted to unload big has done so already. We have light bot volume pushing it around while we await catalyst news on several fronts. We have barely any warrants, liquid float, and majority of buyers down here are long and see the big pic with strong insider support. We also have a CEO buying big at market prices up to $3.50. Any big news and we could be

[GnuckyT]

how cute endzone it's a little bot you say at work here.  Refer to my previous posts as to how institutions work when unloading share for the clients.  Bits exist with heavy volume bigger caps.    

[GnuckyT]

 To what I was saying.  A little reading assignment for you.   also for ta to work you need volume.  This is thinly traded.  By the way you also use lagging indicators. https://www.investopedia.com/terms/v/vwap.asp Institutional buyers including mutual funds use VWAP to help move into or out of stocks with as small of a market impact as possible. Therefore, when