Ye Olde Nickel Position

May be time to go back into NCP. I don't think this is the best nickel stock, but it has nickel and platinum in the name. I noticed that it usually moves at the end of rallies, so that it has lagged with nickel at new highs isn't a turn off. Nickel storms to 10-year peak on worries about supplies

One of the better stocks:

I owned this one, but sold it on their announcement of a deal with Tesla. Chart still looks good though.

Nickel Creek Still Climbing

Taking Profit to Hang Ten

I sold some NCP today and took a position in Group Ten PGE.V and PGEZF. Still like NCP, chart looks good. But PGE;s market capitalization is now about one-third cheaper. If nothing else, I'm diversifying exposure to this area. I think platinum is very undervalued. there are other miners with similarly attracive charts, as I've shown before.

PGE is exploring in the Stillwater area. I think there's greater potential for stock-specific news flow in PGE in the near term. As shown below, both stocks have traded similarly in the recent past. PGE has performed much better over the long-term. PGE looks like it could encounter resistance up to 50 cents before breaking out of its massive base.

Nickel Creek Bucks Market Too

No news, platinum getting hammered and nickel down as well. But it tagged the blue horizontal before pulling back. Above that and we may have a runner.

Breakout Imminent

Update: The breakout will have to wait. Platinum was pummeled midweek and then the Tesla bubbled popped (maybe), and that had knock-on effects on nickel and lithium miners.

News of the day: NCP's CEO left for HYMC. The latter is down about 8 percent on the day, the former is on the cusp of a breakout. I do not see resistance until around $0.30, could be a quick double if the miners take off again. I posted on platinum miners a few days ago. I found another one that looks good, will discuss after my orders fill.

Platinum Miners Ready for Launch

 Waiting on a breakout in platinum above $1,000 an ounce, but it looks like the miners might lead this move. I don't like the jurisdiction, but ELR has the strongest chart. It could lead a breakout. 

A Pick for 2020

Platinum, and NCP.TO (NCPCF in the U.S.)