Ready for liftoff?This is not advice, for my studies.
This looks like ABCDE Elliot wave triangle complete and its ready for lift off to keep tracking on the larger degree EW. Let's go!!!!
NDM trade ideas
NAK about to ride wave 3Not advice, this is for training purposes. Wave 2 was about an 85% pullback so appears we are about to ride wave 3. A breach of wave 1 or 0.42 cents would validate this. Current volume is similar levels to peak of wave 1.
NAK Long-Term BULLISHThis is on the monthly chart and very reliable .
NAK is nearing a total breakout of a descending trendline in place since 2012. In confluence with this, NAK has been staying around it's floor price for months now. It looks ready to launch from this base.
TP #1 = 1.15 (should be easy to reach)
TP #2 = 2.50 (likely to be reached longer term)
SL = 0.19
Current price at time of this post is 0.313
Risk is only $0.123 per share, while reward for TP#1 is $0.837 per share, but the potential for TP #2 is high and this would be a reward of $2.187 per share!
NDMOne of the largest copper deposits on the planet has had the environmental chokehold holding it back for as long as i can remember . Dont get me wrong, i am all for protecting our fisheries but i am also not one to snub my nose at a potential mega trend . The rumblings are getting more positive for Northern Dynasty as time goes on and i have a sneaking feeling that the "green totalitarians" actually need copper more than they love fish ... just a hunch . If this thing gets the go ahead it could be a pure rocket . As i normally do , i will ignore all news and read the chart... and the chart is saying things are looking up here . Started a position a while back and adding every pullback... including this one . northerndynastyminerals.com
NAK, ESG racketeering targetGold and cooper developer play. The mine is in Alaska and has a humongous underground resource that they could be developing, but for the ESG racketeering that they are getting hit with. This is a potential strategy that major players use to acquire interesting take out targets; get the environmentalist useful village idiots to halt the project's development until current owners bleed out all the cash they have, buy it out on the cheap once they are broke and pay off the environmentalists and govt agencies.
The company has recently hired a new ESG person for their board of directors. Given the size of the projects reserves if investors get even a whiff of the ESG crowd backing off the company's value gets sent way high up. We are at historical support prices and this stock looks like a prime target for a short squeeze and some liquidity mining with a positive news press release.
$NAK Next Target PT .58 and not higherNorthern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. Its principal mineral property is the Pebble copper-gold-molybdenum project comprising 2,402 mineral claims that covers an area of approximately 417 square miles located in southwest Alaska. The company was formerly known as Northern Dynasty Explorations Ltd. and changed its name to Northern Dynasty Minerals Ltd. in October 1997. Northern Dynasty Minerals Ltd. was incorporated in 1983 and is headquartered in Vancouver, Canada.
$nak - descending triangle on monthlywith the rise of pebbles associated with EV, we will hopefully see NAK do it's thing.
has been consolidating within this triangle since 2017. could go either way. but bullish divergence makes me want to think it's ready for a breakout higher.
Northern Dynasty Minerals - D1 - 14 NovNorthern Dynasty Minerals - D1 - 14 Nov
last news: Preliminary Economic Assessment for Northern Dynasty's Pebble Project Completed: Robust Projected Financial Results, Excellent Optionality and Important Benefits for Alaska
$NAK - The One Dollar PlanHello Traders,
As you can see in the chart NAK is testing a strong support area, I expect it to bounce from here toward the 1$ goal.
SL and target in the chart.
Cheers 🥂.
NAK I posted about this a little while back about taking this trade to50-.53 cents. I exited a lot of my postion but she killed it as expected.
NAKPenny stock buy alert!
My alert went off today as we started breakout here if a potential rising wedge.
I don’t normally play penny stocks but this one was interesting to me. I decided to put a trade on here. I could be wrong so i won’t bet the bank on it but I am entering a long around here with a stop below .39 cents.
First solid resiatnce .465cents . Next is .52 cents and overall target is .60 cents
Northern Dynasty Minerals NAK - Monthly View (Log Scale)It will most likely take appeal news later this year to send us to these initial targets.
NAK by RequestI made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past Trend Prediction by tracing the trend it made after this move in the past and projecting it forward on to the current move.
Then I took the same move on the Daily which is a different Time frame then the first..and found the same move with out a key and traced its path and projected it forward as well.
Sometimes I use about 5 other Price Action tricks I have have developed over the last 10 months or chart out the Curve and what Stage it is in. The Curve is my own brain child and I compare that to Wycoff method. Taking all of these into account You have several different approaches to confirming direction and intent of the institutional buyers and where Retail resides during this move.
If you would like to have more information or videos on Any of the ways I chart pls comment below. Like, follow, Subscribe...share.
Thank you,
iCantw84it
06.08.2021
Northern Dynasty Minerals - H4Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK)
About Northern Dynasty Minerals Ltd.
Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned Alaska-based U.S. subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of 2,402 mineral claims in southwest Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project, an initiative to develop one of the world's most important mineral resources.
stupid effing betarmy is reconsidering its previously denied water permit, this is an option play, zero or hero, parabolic retrace and low volume, boom or bust
NAK 4hr - May 2021Breaking out of the falling wedge pattern. First target at the 50% fib retrace level of $0.81 with a potential to retest the lower-high trendline near $1.04.
We breaking or we dumping heavy? tell me pleaseNot financial advice, Check the previous post for updated comments.
$NDM Descending Channel - Currently BearishBearish currently with lack of volume. Currently bouncing between support and resistance. Stay out of the chop and buy the break out. As this is the largest mine in North America the price will grow in time but short time plays are within reach as it grows. Long term potential is amazing!
potential swing here?NAK is a great one for short swings! load zones are .30-.60, and exits are at 1-1.10, always go lighter on penny stocks though! remember they are cheap for a reason ;) i look at penny stocks the same way i look at lotto calls. only put it what your willing to lose.
