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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 > I think we gap up soon.
View:
Post by apapas1973 on Dec 28, 2022 12:07pm

I think we gap up soon.

It looks pretty strong today. I'm keeping a close eye. So far I still think the gap up is in play. We have the 200 day around 180 and the top of the consolidation box 185 ish. I suspect they walk it up to somewhere around the 177-180 mark and we wake up with news which should give us the large gap up I've spoken about previously. I suspect within the next week. That will take us into the 2's. I suspect the 218 ish area. Depending on the news we could overshoot. It's what happens after that, that I'll be keeping a close eye on. And once we get to this level, you all know what's coming. A couple slices of some pie!!! Two flavours if you all remember. GLTA
Comment by JStrummer66 on Dec 28, 2022 12:40pm
I would agree that it kind of feels like that..
Comment by EndZonefor7 on Dec 28, 2022 4:12pm
Highest close in over last 2 months.  Very bullish. :) 
Comment by Rainyday on Dec 28, 2022 4:45pm
A good chart with the 30 and 60 day moving averages both heading up and a nice saucer shape bottom formation over the past 3 months. With tax loss selling now over and maybe some fresh buying next week from TFSA contributions ($6,500 in 2023) this is looking very good. 
Comment by Rainyday on Dec 29, 2022 11:59am
This is at a 6 month high today. If it breaks $1.90 it will be within the "gravitational pull" of $2.00.
Comment by EndZonefor7 on Dec 29, 2022 12:11pm
Definitely breakout potential here. Last $1.91. Do we see $2 today ? hmm
Comment by idlefreebird on Dec 29, 2022 12:16pm
Hopefully today end zone .. glta
Comment by EndZonefor7 on Dec 29, 2022 12:27pm
We blew through the 200 DMA like a champ today on the daily. $2 is the 50 DMA on the weekly. Bit of a wall at $1.95. 
Comment by apapas1973 on Dec 29, 2022 1:11pm
We're above the 200 and the top of the consolidation box and on volume. LETS DO THIS!!!
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