Not a chartist but if this momentum with Iron ore price keeps going and all production figures are inline with increased export estimates then can't see it stopping. Debt should be getting getting paid down also so really de risks ARI as an investment choice.. IMO its still way undervalued and as the market climbs out of the constant worry 2012 brought I think Arrium will have a great year. Still everything rests on costs and volume and the I/O price. All these factors are in our favour.
ARI Price at posting:
$1.01 Sentiment: Buy Disclosure: Held
