Niocorp Developments Ltd (NB): Just for Schitz and giggles, chart 6...

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Niocorp Developments Ltd (NB)

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Wednesday, 04/10/2024 7:37:32 PM

Wednesday, April 10, 2024 7:37:32 PM

Just for Schitz and giggles, chart

6 month, daily, line chart, (and weekly)

https://money.tmx.com/advanced-chart/NB

(opinion)
Nov 24/23, imo, was the last best effort for testing resistance and support, and failed miserably @ C$4.94 where it tried twice (weekly chart) closing 2 weeks out @ $4.94, then it dropped quickly into a sustained the long downtrend.

The bearish high and close back then are devoured on this end of the cup, closing only one penny higher (Spite) @ C$4.95, but pushed a substantial high for the day.
Bullish indeed!

Question,
Do we build a handle? or, Plow right through to higher values (target), or close all of the gaps like other times? lol

I would be surprised if there are many shorts right now!

JMO

Follow the Technicals, or be Fundamentally too late to the Party.

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