After last nights rise in the price of Nickel, to above recent highs, I bought more on opening this morning, at market, helping to produce the breakout gap.
Technically, MCR had a breakaway gap this morning. Plus it took out the daily highs of the last couple of weeks decline. As it has done so on volume to the present time, at the day's high, it looks like the run it is due for is just beginning.
If you wait for a pull back to add, or get on board, you may be disappointed. If Nickel rises again tonight on the LME, this could/probably will gap up again tomorrow.
This will probably run until it goes ex-dividend in a couple of weeks.
MCR Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held
