Northern dyNASTY Minerals
Updating the chart that I posted. I trade on the $NDX ratio so my strategy got stopped out on the false breakdown. On the nominal chart, the wedge breakout is still intact (for now).
We can do the math. If someone is still bullish on NAK, for whatever reason, they can buy now at 66 cents. Maybe have a stop at 40 cents. 39% risk. Versus the potential upside of 445% if the wedge breakout doesn’t turn out to be false. 11 to 1 reward to risk ratio if it works out. Maybe sign up on Robinhood and put $10 or $100 in it for kicks if you want a thrill during bathroom breaks at work. May as well trade sh*t while you’re taking one right? LOL
I won’t take the trade because I am not well informed about this company and my strategy already stopped it out. But maybe you know something special from the fundamentals side which makes you believe it will work out. Does blue horseshoe love Northern Dynasty??? -Harry
Hi harry. It was not you I was speaking of. I got a couple emails from a member or a lurker. He had lots of FA on NDM
I all sounded spectacular. I don’t buy on stories usually but made an exception…my bad