NGPHF (Northern Graphite) is a company currently trading on OTC in the US and TSX in Canada (NGC.V).
(Left chart) The daily chart has formed into a confirmed bullish pennant with a potential 69% gain and price target of 0.97$.
(Right Top chart) The weekly chart is showing a big Cup'n handle, confirmed with a potential 92% gain and target of 0.89$.
The two targets are quite close thus increasing the probability of hitting targets.
For the sector chart (bottom right, Materials), price action is still sitting on the 550$ ish resistance line. This wall looks pretty solid. But if it breaks with an upward momentum, NGPHF will likely get to those targets. It's a waiting game now.
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Stay humble, have fun, make money!
(Left chart) The daily chart has formed into a confirmed bullish pennant with a potential 69% gain and price target of 0.97$.
(Right Top chart) The weekly chart is showing a big Cup'n handle, confirmed with a potential 92% gain and target of 0.89$.
The two targets are quite close thus increasing the probability of hitting targets.
For the sector chart (bottom right, Materials), price action is still sitting on the 550$ ish resistance line. This wall looks pretty solid. But if it breaks with an upward momentum, NGPHF will likely get to those targets. It's a waiting game now.
Sign up with my Patreon for more of this.
Stay humble, have fun, make money!
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