only an observer here as I'm in CLQ and like to follow discussions about nickel. The trend is your friend, and sentiment towards nickel (mainly sulphate) due to EVs is positive.
IMO it looks like a beautiful cup and handle breakout and if Ni price keeps creeping up, soon it should test 3.30 and beyond, very similar to CLQ's chart.
Ni sulphate will probably have its own contracts in near future
https://www.reuters.com/article/us-...n-with-cobalt-sulphate-contract-idUSKBN1CF27H
“With benchmarks the first step is to understand what is embedded in industry contracts, ” Chamberlain said. “For battery chemicals that’s lithium, cobalt sulphate and possibly even nickel sulphate.”
Enjoy holders!!! And block the noise from sour grapes
Smashing through the $3 ceiling, page-37
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