NDM trade ideas
Administrative priorities taken into account, long on NAKRegardless of one's politics, the current administration in Washington and Juneau are the most likely to railroad through a mine with such potential. The governor is currently debating with our (I live here) legislature about budget line item vetos and blah blah blah. Once everyone in Juneau has a budget they can live with and it isn't on the table anymore, I believe the governor is going to make the contentious pebble mine a priority for many reasons (jobs that last more than 6 months, goods and services from hub communities and Anchorage, tax revenue, etc.).
In short, I believe serious progress toward moving dirt will happen this year; in the past, belief that they were close to digging got the price to over $20. We're really close to the all-time lows compared to the all time highs so even if one went long right now at $0.50 it's still a great entry.
I can only imagine what the price will reach when they actually get moving dirt but I would imagine it would be north of $21.00. Considering stock prices for other companies with similarly gargantuan mines; it wouldn't be too crazy to hope for $50.
NAK Broadening Falling Wedge - Long at .73ish at .682 FibonacciLong at .7382 at .618 Fibonacci Ratio. Exit and Short at .8727 at .382 Fibonacci Ratio. Exit Short and Long at .6424 at .786 Fibonacci Ratio. Ride the bull.
The NAKetship? Woah this is interestinganyone remember NAK? it's been just long enough for everyone to forget about it.
NAK showing a Bullish divergence All of this is speculative, do your own reasoning. Opinionated analysis.
Okay lets break this down.
GLD in general looks to be making a trend to the up. Obviously NAK would relate to that movement. (or could)
Now on the 4hr Chart I have plotted 2 dotted lines one on the Line graph and one on the RSI.
* a bearish price
* with bullish pressure
the Volume Flow Indicator has also seem to show a nice reversal cup in about a 1 year span.
A Long trade would seem in effect, target unidentified.
Happy trading!
NAK - Fallen angel type Long from current level to $1.17NAK seems having a nice push after making a base here. It is forming a nice fallen angel formation. Twiggs money flow accumulating very nicely. We think it has strong upside potential from current Level.
* Trade Criteria *
Date First Found- April 19, 2018
Pattern/Why- Fallen angel formation
Entry Criteria- From Current price ($0.959) (Hit April 19, 2018)
Exit Criteria- $1.17
Stop Loss Criteria- N/A
Indicator Notes- Twiggs money flow accumulation
Special Note- Financial ratio is very good (Quick Ratio: 6:00, Current Ratio: 6)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
NAK, A Gap to FillCurrently testing longterm S/R at 1.08. Upon breaking that we head to 1.20 then fill gap to 1.50.
NAK - playing with waves. if it bounces on the trend which is has done so on the 6h and gains RSI and momentum then could be looking at a new set of waves here.
NAK- NYSE - Noob chart. any veterans can take a look - thank youMy second chart.
Looking for support at $1.45, $1.34 or 100% retrace to $1.21....
NAK long shotHere is an idea for NAK Long. Buy at the double bottom at $1.63. Put in a limit order for $1.64 and see if the 0.618% FiBo and double bottom hold. IF NOT, low risk, sell at $1.60. Miners have been selling down the last week and should be almost ready to turn higher.
NAK scalp idea. Cup and handle set upThis ticker usualy moves 5c to 10c on a daily basis, now with the PT upgrade and the partnership this should only be moving up.
NAK Long IdeaLooking to limit buy NAK at $2.00. I think we get a retest of the trend line and $2.00 should be low risk to the downside.
EPA approval & Partnership news within 2017--> very BULLISHAMEX:NAK TSX:NDM FWB:ND3
NAK (Northern dynasty minerals) 100% ownership of the pebble project (pebble mine)
the following is just my opinion, you never know what happens :)
this month is probably the last chance to jump in.
- official EPA approval incoming, with pruitt its a done deal already! just formalities!| latest 14th Nov --> institutions jump in? spike to USD3+
- partnership news incoming, as per mgmt within 2017--> hopefully JV for 50% with an option for the other 50%! Maybe a consortium, and if we are very lucky BO | 50% for USD7 - USD9/ shares | BO USD15+
- permitting process incoming, starting end of 2017
the reason why we will get partnership news within 2017? The company has too little money left for the permitting process, and they already hired these guys:
"
Senior Vice President of Engineering and Project Director Stephen Hodgson (P. Eng.) will lead Pebble’s engineering and project development team, with responsibility for all aspects of project design, engineering and financial studies and regulatory compliance. He will be supported by Vice President of Permitting James Fueg (PMP, CPG), who assumes responsibility for all aspects of the project’s regulatory permitting team and process , including management of environmental and socioeconomic studies, liaison with federal and state agencies and active management of Pebble’s forthcoming Environmental Impact Statement (“EIS”) process under the National Environmental Policy Act (“NEPA”).
"
source www.northerndynastyminerals.com
- 33m short interest = ~10% --> short squeeze when we hit >USD3-4?
- biggest copper, gold, moly, silver mine found on this planet yet!
- safe mine design! no cyanide used. source www.northerndynastyminerals.com
- metal prices are rising, specially copper.
must read: very detailed report about this mine www.docdroid.net
NAK long updateStill long NAK, looking like a potential bounce off the multimonth triangle top line with a green close today. $NAK
NAK clear signals for partnership in 1 month with PT $6.5$NAK has been sold off heavily since February 2017 and with another sell-off in May. It has only recently begun to climb up again with rumors of a partnership deal being announced as early as mid-late October.
By looking at the up-trending RSI and OBV, it can be seen that the stock price has generated a solid upward momentum.
Furthermore, the Ichimoku cloud turning green gives further upward momentum for this stock. The last time this happened, the stock surged up to $3.47. All these factors considered together, it means that this stock will likely break the $2.00 resistance level very soon and may continue to climb up towards the next resistance at $2.18.
Expect the stock to skyrocket when partnership details are announced. It may be too late to catch the Naket-ship, and at a current price of $1.88, it's well worth the risk-reward ratio.
BULLISH on NAKHello all! I am fairly new to charting and have been looking to learn more about it... NAK is a favorite of mine and I think that it will break the $2 mark come the next few weeks. I say this because the same patterns that showed up when the stock broke the $3 mark are starting to occur again. it is going to pull back some to maybe 1.60 and then from there take off.. I will be posting more and hopefully becoming a better trader while doing so.. Thank you for reading and happy trading!
Cheers,
Dwright11
NAK Setting up nicelyadded to position on the dip yesterday. Looks good even on the monthly. over the 50MA monthly. Fundamental traders will want to check this out as well.
GO MINERSLong on NAK. Looks like a breakout of the triangle. Gold is looking nice and bullish too. Miners have been lagging. White line is when my call options expire. Lots of upside here.
