Replies to post #56895 on Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

I like this part of your link:

"NIOCORP DEVELOPMENTS lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 39.89% during the next 3 months and, with 90% probability hold a price between $0.71 and $1.01 at the end of this period."

With financing news, we might do even better than that.

[PutzMueler]

Thanks Nioman, As I mentioned in a post over the weekend 56864, the chart is definitely in a (must move) situation.
As with your post, I tend to agree that the move will be positive and we should test C$.90s again. But I stop at being overly confident in that move north, because we are what I like to refer as Trend Building.
(Anything can happen). The question is, is our trend strong enough to stay above the nine day moving average, which is exactly @ C$.80?

But the picture sure looks good to move north for a test of the 52 wk high.