stephanelibatd

NOVAGOLD RESOURCES Analysis Daily

Short
AMEX:NG   Novagold Resources Inc.
Hey traders, NOVAGOLD RESOURCES is in a bullish configuration with high buying volume and a failed sellers attempt. We see the last session then the one before a large volume of sales executed. NOVAGOLD RESOURCES is heading towards its last low point See the 5 Min TIMEFRAME to turn around.
Strong potential to breakout the consolidation zone to reach the next high point, which corresponds to the high of the next consolidation zone.
Please LIKE & FOLLOW, thank you!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.