ASX 0.06% $64.50 asx limited

nickel ... the place to be ?., page-3

  1. 1,539 Posts.
    My lecturers always said only buy into an uptrend thats established if your thinking of going long.
    This afternoon will be a test of nerves as on one hand the daytraders might force a retracement of MCR to take some profits, whilst the investors will support it over 77c(resistance) as its going to be a great quarterly/yearly announcement with a dividend.With strong Ni spot held somewhere over US$15k/t, reducing trend in LME inventories and a couple of new commissioned mines coming into MCR's stable, your hard pressed to find a better entry point...
    But its just my view.
 
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