Replies to post #122134 on Niocorp Developments Ltd (NB)

[PutzMueler]

It’s getting tougher, due to the lack of history as we climb.

We are climbing much faster than we have fallen so I am sticking with a 3 year monthly chart. But a day trader would not be that long.

Also News releases are a bigger factor going forward.

I’m sure most of the “few” resistance levels are going to be Targets of big buyers, because that’s where the shares to buy will be.

I’m just waiting for the ascent speed to pick up and as I said from the beginning we should be back to where we came on the Nasdaq when reality sets in.
That share price was $7.47.
And that’s the only resistance I care about. But I’m sure you can find others if you think the big news is going to be more than a month out. But for me to call all the resistance levels would be disingenuous. Because I think many of them will fall by the wayside on the way up.

And of course Support is a different Animal

https://money.tmx.com/advanced-chart/NB?chartSymbol=NB%3AUS

[Prudent Capitalist]

Putz' chart analysis is far more sophisticated, but just following Level 2 today, NB seems to be struggling to get through the $5.25 - $5.27 range, and the next significant block of shares on the Ask side of Level 2 is the 3,200 shares at $5.42

PS so much for struggling. As soon as I posted this NB blasted through the previous 52-week high of $5.27 🤣