[isatrader]

Novagold Resources is dual listed in Canada (NG.TO) and the US (NG), and is one of the best looking gold stocks with regards to Stage Analysis currently imo.

NG (US listing)

The US listing is currently at the top of a massive two year Stage 1 base, and showing strong relative performance. The 11 year monthly chart and P&F chart show the potential more clearly.

So for the US listing I'd give it a Stage 1B rating

               


NG.TO (Canadian listing)

The Canadian listing broke out into Stage 2A in December, as highlighted on here last month, but is now looking to make it first minor continuation attempt. And the monthly chart is also in Stage 2A, and so this is considerably stronger than most gold stocks, as the majority only have monthly charts attempting to move back into Stage 1A. Hence with the monthly already in Stage 2A, NG.TO has little overhead resistnace to hamper it. So looks promising as an investor position.