CHNR trade ideas
$CHNR is gonna fall todayPupm&Dump trading strategy idea.
$CHNR is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $3,50;
stop-loss — $3,90 ;
take-profit — $2,70;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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potential candidate for pump & dumpPlease note: I'm just sharing my view. its not a recommendation for buying or selling.
$CHNR, playing the gap past $2.00With the volume, the gap to fill and the room in the RSI, its worth a shot.
$CHNR: SmlCap play - Potential 30-70% upside from today's closesee easy and self explanatory boxes on chart for Entry, Exit and Stop loss zones. Never chase any stock.
Not for any recommendation, Just an Idea. Like it >> Click 👍/comment, and follow.
closed INUV for +105% in 19 days. sold quite early missed +50% run later in the day.
CHNR: Descending triangleDescending triangle, bearish continuation pattern.
PPS below 50MA
May see some support at 0,62$
If confirmed, target = 0.58$.
CHNR Bullish Breakout PendingHello,
What is CHNR?
China Natural Resources, Inc., through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. The company primarily explores for lead, silver, copper, and other metal deposits. It holds interest in the Moruogu Tong mine that covers an area of 10.43 square kilometers located in Bayannaoer City, Inner Mongolia. The company is headquartered in Shenzhen, the People's Republic of China. China Natural Resources, Inc. is a subsidiary of Feishang Group Limited.
News
There have been 2 reverse splits Jun 14, 1999 1:10 and Jan 16, 1997 1:10
My Thoughts For You
China Natural Resources shares are likely to rise more than the market when the market is going up but fall faster when the market is going down. When we look at the monthly chart you can see that this idea holds true, beware for the volatility is fast and furious.
Good Luck, Cheers!
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Long-Timerhey guys,
This one is a nice one! I suspect this one to a long-term trade. It has great potential I think it will go well above $5.00. right now at 2.70.
Stop loss - $1.40
Watch for updates
