well first of all you don't want to short round these levels because if a bounce comes your risk is to high also takeovers can blow you out.
Due to that news article supporting Nickle at these prices it is obvious that now while Nickle is at a low is the time to get on before the bullish rally.
More risk for shorts less risk for longs at these prices.... :)
nickel up aud down, page-265
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