- NTM recently broke out above its symmetrical triangle pattern, market consolidating before next move .
- Potentially a ascending triangle forming short term and long term, all depends on drill results in November, if good could breakout above 14c which will be a all time high.
- Support at 11.5c which is close to its 50 MA, will look for entry at that price.
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This is a relatively simple trade. Because of the length of that triangle It would be a fairly safe trade to ride this breakout to the top of the triangle peak which will give a nice line of resistance that we can use for a target. This is a gold miner so we can follow the gold price to ensure that we dont get a fakeout and watch this thing whip back down past the...
