Northern Dynasty Minerals Ltd. has to hold support at $8.00
The best case scenario would be for the stock to catch a bounce off of $8.00 and start to build a base. If
The best case scenario would be for the stock to catch a bounce off of $8.00 and start to build a base. If
With the 2011 drilling program underway and the expected completion of a new resource estimate to support the feasibility study there appears to be ample fuel for another advance.
The trend right now is down and if you are sitting on a profit I think you want to protect it.
I would not be tempted to risk capital on this stock. On a technical basis there are just too many things going against it.
It sounds like you want to get off of this ride so follow your gut and see if there is a better point to get back on.
It looks like EFG has found support in the $0.30 range but please trade this stock for income. Until it establishes a sustained uptrend its not a buy and hold candidate.
Currently the RSI is signalling an overbought situation and the MACD is turning lower. At this point it looks like TCK.B is going to pull back but nothing as yet is suggesting that the uptrend is broken.