NDM trade ideas
NAK Northern DynastyLeaning slightly bearish here with another low below ~.90 but could see a double bottom in and start next move. More bullish over ~1.10 and bearish under ~.97
NAK: LONG once againHi guys, my previous call which resulted in a whopping 500% - 600% gain.
It still depends on the permit, let me explain.
We had a healthy pullback from 2.40 to 1.50. nothing wrong with that. after that Donad Trump Jr. and other republicans came out against the mine saying: Bristol Bay headwaters and surrounding fishery are "too unique and fragile to take any chances with."
The stock crashed by ~60% from 1.45 to 0.60. Retesting the pink downtrend line and the first orange uptrend line. an overreaction and recovered some.
That very day i told my friend: either this is fake, with some high profile people missing the boat, missing huge gains, creating an artificial shock to buy very very low.
OR the crash is real, the permit will not come and project is doomed = will go to Zero.
Now, im i think my first tought is correct. Trump himself comming out tweeting (ofc) "Don't worry, wonderful & beautiful Alaska, there will be NO POLITICS in the Pebble Mine Review Process. I will do what is right for Alaska and our great Country!!!" resulted in 20% gains that day.
The final EIS (Environmental Impact Study) is still positive, supporting the development off the mine with when certain challanges are fixed (why wouldn't they get fixed.)
Read about it here: pebbleprojecteis.com
NAK Long for the Long term.
Resitence levels: 1.50 (will definitly go there, closing the gap)
1.80 ish
2.50
3.45
4
5
6
NAK Northern DynastyBullish longterm and expecting slightly more correction at this point ~.75 to ~1.
NAK 30m chart - Im still hanging on to my beloved NAKSo it broke my heart, not once, but many times. I remember first finding out about NAK and being so optimistic about it! But now it is being algo'd and running the same pattern almost daily. PM hours it spikes, then at 9am it gets pushed down, at 930am it gets pushed down more, then until 4pm it trades in a channel.
It has a strong bottom support. It has a huge gap up potential. It has national attention. I am still hopeful (probably because I still own calls) that this will run. Not expecting anything crazy, but should have no problem at least filling the gap and getting back to the 1.50s.
NAK Huge dropLooking for a C wave. Don't think it is in yet but could potentially see 5 waves off of the bottom. Expecting another low right now
NAK Averages and Trend LineThe Averages for NAK along with trend line and SR. Newbie with trading but if you ask me, this looks very bullish for the week to come! Lets get it going in the power hour! @NAK #Bullish
NAK 4hr chart - Come on Monday!Excited to trade this. Love the chart setup. After staying on a pretty strong uptrend for about two months, notice the change around the 7th. Nice cup forms around the 11th and you can see a clear reversal is in play.
NAK 4H Chart Study***Remember I'm not a professional analytic, this whole idea is based on my knowledge and opinion. ***
This is only my Idea, don't buy or sell because of my idea. Do your own research in the company before deciding either buy or sell at your own risk.
Since March 23rd, 2020 NAK in the 4H chart have a clear uptrend and bullish Chart. It’s around 349% up of a steady uptrend. I will not be concern about that 19% or 20% from last week. The stock took a dip to $1.34 and bulls got the tock back above the SMA 50 which is a good sign for me. The stock still above of that SMA 200 also and I will consider a consolidation for next week. Probably if during that consolidation the stock create high lows and higher highs will be a strong bullish signal. I will pay attention to those support levels and watch if the stock price stay above SMA 60 and SMA 200.
Good luck to everybody and posts your opinion here also, they are welcome. Thank you.
NORTHERN DYNASTY MINERALS LTDAMEX:NAK
All right, friends, here's another good paper for the trading today.
What's on the chart:
1. Strong resistance level, formed by the tail of a paranormal bar on May 29.
This is the first day a strong shortsman showed himself.
2. The same short player sold the price in the next three days until 1.16.
3. On June 04, the long player entered the fight again, defending his critical price.
4. The long player leads the price in a box: gaining position - growth, gaining position - growth.
5. On June 22, the long player made a false breakout of the level, however, we did not roll back down, you can see that the position is buying back.
6. June 26 is a false break-down in the opposite direction, however, the price was returned back to the channel even on that day.
7. The price closed far from the level.
It's a safe scenario:
Waiting for the pressure to the level, enter after the breakout and level retest.
Before entering the position the SPY analysis is obligatory.
The direction of trade must coincide with the direction of the market.
SL put it behind the breakout bar.
Aggressive scenario:
Enter the first breakout hoping for a primary impulse.
SL is placed under the level.
Catching a breakoutIf you take a look at the chart, you will spot an ascending triangle pattern, which started back on May 27.
This is risky but also a very high reward play, where you can easily earn 60-70% gain based on the past run-ups.
NAK small entry & It all depends on the permitNAK has the LARGEST underdeveloped precious metal mine in the WORLD
But it has some serious headwinds pushing this into development.
It has to account for local population, fishing pollution, destruction of the environment etc ..
I must say NAK is doing a really good job advancing the project.
The EIS is being led be the US army corps of engineers and the draft EIS was well received.
www.pebbleprojecteis.com & finance.yahoo.com
Insider ownership 38%
Institutional ownership 18%
0 revunue.
NAK Might trade along side the gold price. If gold goes lower, NAK probably follows and vica versa.
If the permitting is rejected i'd sell all my shares instantly. if the permitting is succesfull i will load up BIG TIME at market price. Because this one will moon!
Therefore it is critical to subsribe to the newsletter. www.northerndynastyminerals.com
It is flirting with 'market structure' @ 0.40. Breaking this would be bearish and could retest all time lows around 0.20.
Buy Range 0.40 - 0.20
Target 2$ - 3$ for a minimum profit off 500%
$NAK - Spec Gold Play Huge Upside 10 X++++++++++++++++++++++++++NAK , trading at .39 - .40 currently is waiting for a major catalyst with environmental impact statement approval
This would open the world’s biggest undeveloped gold silver and copper mining project,
Some quick facts, because I think this approval could happen at any time so readers should do own DD quickly because I might be busy to update here
- Pebble deposit is one of the greatest stores of mineral wealth ever discovered
- Recent Insider Buys
- Gold Silver , Precious Metals etc ..looks to be entering a new BULL CYCLE as Global Monetary policy is to debasing currency world wide.
finance.yahoo.com
