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Reading chart from StockCharts.com
Can someone please help understand the chart on NAK stock. I would like to know if the stock is headed is still headed up.
can someone please help me?
John
can someone please help me?
John
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Comments
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According to this article:
http://www.fool.com/investing/2016/11/16/shares-of-northern-dynasty-minerals-soar-on-earnin.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2
NAK has no earnings and none in sight. That means it is highly vulnerable to news. Probably it would not be wise in this case to rely on technical analysis of its chart to make any trading or investment decisions. If bad news comes out the market for NAK could become one sided almost instantly - that is, everyone wanting to sell, no one wanting to buy.
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