Loading ...It seems that insiders are strongly buying NXS
I use this new indicator called Koncorde in tradingview, wich makes difference bewteen tiny fishes (us, green colour) and sharks (big packs of stocks, blue colour). I think the indicator takes the volume and makes the difference above or below zero line.
So here we have NXS. Last days the indicator show retail investors selling while big packs were bought.
Feel free to coment, as I´m not a good at AT or I don´t know how exactly this indicator works.
You can also tryit in ProReal Time.
Thanks Cervantes looks interesting. There is some news on Nexus today: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/nexus-gold/34218-nexus-gold-signs-loi-to-acquire-250-sq-km-rakounga-gold-concession-contiguous-to-bouboulou-project.html
All the technical indicators I’m seeing on Stockcharts for NXS.V are ugly, and seem to conflict with what your chart is showing. STO, MACD, RSI, CMF, OBV, A/D, TSI, ADX and ROC are all rock-bottom or close to it, with no positive divergences. On the bright side, I guess we have nowhere to go but up!
in wich time frame Simon? Anyway this kind of insiders or heavy buyers I think they buy for the long term (as me)
On the daily chart. Nexus, by the way, is my largest position, and clearly there is no choice but for it to be a long-term hold!
Darkest right before dawn?
I have it on monthly OS, and weekly OS. (ie, more promising from here)
I only use dailies for entries and exits, not reads.
My take is that its a month or more away still. But that large rally certainly leaves a wide door open for a higher low. But that first low is at .04 versus .16 now. Lots of room to test it fully. Good luck to all members of the knife catchers union, right?!?
PS — that OS signal pairing is the first on my setup for NXS.v SINCE just before that .04 buy signal from a year ago. But no triggers yet.
Pedro you could have posted that a few hours ago! Took a very small position, so I will get my knife catching gloves on. Lol 🙂
Nxs is very early exploration, although valued at intermediate explorer. I like the company, but in terms of meters drilling compared with others they are very early in the game. I prefer to be overweight more advanced plays with more proven ounces.
Fair point Alex this is a long term one. Having said that I am up on my investment today already!
Thanks Cervantes,
I rarely use Trading View, but the BKON indicator could be reason to change.
Just been to Trading View and managed to install BKON (on the NXS chart).
BUT no meaningful info comes up in the BKON indicator box:
See here: https://www.tradingview.com/chart/lUaTlrPx/
The settings appear to be the same as yours (BKON 255,15,2).
Do you have any tips ??
Thanks in advance….
I think I know what happened here. That indicator was copied from Pro Real Time and the author didn’t want to share it with tradingview so they forbid the indicator use now. For some reason I still can use it I don’t know why.
Anyway look in Proreal time and you will be able to use it. I think maybe another charting programs are also available. Check in Google Koncorde blai5