Niocorp Developments Ltd (NB)

[Blairman]

we have an Ascending Continuation Triangle Chart

Tells Me: The increasingly higher lows and constant highs within this pattern tell us that buyers are more aggressive than sellers, confirmed by a breakout through a resistance level to signal a continuation of the prior uptrend. An Ascending Triangle, with its increasingly higher lows and constant highs, indicates that buyers are more aggressive than sellers. The pattern typically forms because a supply of shares is available at a certain price, represented by the upper flat line. When the supply depletes, the shares quickly break out from the top trendline and move higher. More...
Event Date: Feb 06, 2015
Opportunity Type: Long-Term Bullish
Close Price: $0.84
Target Price Range: $1.15 - $1.21

Price Period: Daily
Volume: 115,418
Pattern Duration: 112 days
Inbound Trend Duration: 210 days

1mth | 3mth | 6mth | 1yr | 2yr | 5yr

Chart Option