Let's hope NFG does not become the RD of the gold mine world.
I don't believe in TA but many investors and traders do, often making forecasted price movements self fulfilling.
But, there are obvious multiple head and shoulders in the peaks and troughs of NFG's price movements since 2021, consistently moving downwards to new lows, within 4 obvious peaks in 2021-22 and about 4 more tightly packed together in 2023 ...and consistently finding lower lows of which we are now in another of such mini declines.
This may mean nothing .
On the other hand, such a pattern would lead many TA addicts to sell.
But volumes are very weak which removes much of the statistical clout of these TA forecasts.
Perhaps and more likely, it is the weariness of some shareholders upset by good assays no longer impacting the share price, just selling and moving on.
What ever the cause, it's a situation that one hopes management is aware of...