The dream may be over for Northern Star Resources | Michael Gable | Finance News Network

The dream may be over for Northern Star Resources

by Michael Gable

A classic head and shoulders pattern has formed on NST and the neckline was broken today. This suggests to me a move back under 50c! We've seen this pattern many times before, LYC being a classic example when the stock broke it's $1.70 neckline. We predicted a move last year back to $1 and that is exactly what happened with LYC.

We need NST to trade back above 85c in the next few days for it to be out of danger. Watch this space.

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