Thursday, October 26, 2023 9:44:32 PM
Well if i was trading, which I'm not,
I would have already guessed wrong and missed out on my sale @ the 200 day moving average.(because it did not happen) (yet)
For me there is different support levels and resistance. Too much to consider at one glance. Thing changes daily.
Don't forget we had a Gap the very first day way down @ the bottom, but we seem to have left that in the dust! (?)
(for me) Support is based on the closing prices of $6.25 and then $5.80
Resistance again is and will always be @ the 200 day mvg avr until it becomes support, and I bet we cross that line when it reaches C$7.72
and maybe, just maybe, our 50 day mvg avr will cross shortly after that time to give us an almost Verticle Golden Cross.
Dreaming is such fun.
1 year daily Line chart and Candlestick
https://money.tmx.com/advanced-chart/NB
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https://stockcharts.com/h-sc/ui?s=NB.TO
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Just my opinion, but when we get to the 200 day avr. (C$7.72) we will find out who is really in charge (bulls or bears)
Hopefully Mark feeds the Bulls
I would have already guessed wrong and missed out on my sale @ the 200 day moving average.(because it did not happen) (yet)
For me there is different support levels and resistance. Too much to consider at one glance. Thing changes daily.
Don't forget we had a Gap the very first day way down @ the bottom, but we seem to have left that in the dust! (?)
(for me) Support is based on the closing prices of $6.25 and then $5.80
Resistance again is and will always be @ the 200 day mvg avr until it becomes support, and I bet we cross that line when it reaches C$7.72
and maybe, just maybe, our 50 day mvg avr will cross shortly after that time to give us an almost Verticle Golden Cross.
Dreaming is such fun.
1 year daily Line chart and Candlestick
https://money.tmx.com/advanced-chart/NB
************
https://stockcharts.com/h-sc/ui?s=NB.TO
**************
Just my opinion, but when we get to the 200 day avr. (C$7.72) we will find out who is really in charge (bulls or bears)
Hopefully Mark feeds the Bulls
Follow the Technicals, or be Fundamentally too late to the Party.
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