#NNOMF_NANO $NANO will the share price go up?#NanoOneMaterials has signed some great deals this year:
#RioTinto
#EuroManganese
#JohnsonMatthey
I'm curious if the share price will take some positive action in this years last quater?
After touching a 2 years low in May it did a good run till August. Since than the share price was cooling down and tries the next run to the resistance at about CAD 3,3x
If the price can sustainably brake through that resistance again, it could become a nice run. Specially if more positive news will arrive! But first it has to defeat the support at about CAD 2,57
No financial advice - just my opinion.
NNOMF trade ideas
A Perfect Reverse head and Shoulders Nano OneThis head and shoulder bottom has taken 5 months to complete and it ais a classic head and shoulders and should break out and run for the next 5 months higher to approximately 4.10 from now 2.50
64% move up in 5 months. The news also supports the move Nano One has made 3 major announcements over the past 5 months.
Nano One Chart pattern shows a long and hugh drop in price. Which has bottomed and turned.
This pattern is not a short term chart analysis but a pattern when seen in other stocks has produced mega moves.
Fundamentally - LFP auto battery is the direction that auto manufactures are taking for cost, safety and durability. Nano-one have two of the most knowledgeable people to guide them in this direction. I do not know how they will capitalize the one pot process. But this technology is superior to any others available. The growth potential from their patented process is the key.
Make your decision plenty of information about this direction
Nano One Materials about to rampageWe saw an extended consolidation in price as well as time since the all time high. Now the stock has formed a bottoming pattern and is starting a breakout attempt. We could see a violent sympathy move following Tesla (as SolarEdge and Enphase already did) with a new all time high.
Nnomf Nano One Materials Corp.This little company comes up with a way to improve battery performance and in most times it would not be exciting. But with the rise in Tesla it has attracted attention and there are signs that major battery mfg. have interest utilize these patents to improve battery performance.
Certainly the story is a good one and there are spurts of interest appearing on the stock trading.
There new process is labeled a Billion Dollar P:otential.
Take a look you might find it attractive.