Northern Graphite Corp.

NGPHF: Bullish Pennant (69%) Cup'n Handle (92%)

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NGPHF (Northern Graphite) is a company currently trading on OTC in the US and TSX in Canada (NGC.V).

(Left chart) The daily chart has formed into a confirmed bullish pennant with a potential 69% gain and price target of 0.97$.
(Right Top chart) The weekly chart is showing a big Cup'n handle, confirmed with a potential 92% gain and target of 0.89$.

The two targets are quite close thus increasing the probability of hitting targets.

For the sector chart (bottom right, Materials), price action is still sitting on the 550$ ish resistance line. This wall looks pretty solid. But if it breaks with an upward momentum, NGPHF will likely get to those targets. It's a waiting game now.

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