Yet another nice rise for the Ni price, and finishing on a high to boot,nearing the sideways peak. At last MCR seems to be finding some support at these very cheap (in my opinion) levels. It's either going to blast past the 6.70 lb mark in the next few days and breakout, or retreat back into the sideways movement.
Below is a balanced article of the current staate of Ni prices http://www.reuters.com/article/2014/02/28/column-home-nickel-idUSL6N0LX2II20140228
MCR Price at posting:
54.2¢ Sentiment: Buy Disclosure: Held