Well ELE price action is currently at 'all time lows', but fundamentals and technicals are in alignment: if they bother to send more than 30,000 tons of ore in the next shipment then I wouldn't be surprised if price action responds favourably.
Daily Chart: Looks Ok to me.......
Ann: Second Shipment of Magnetite Ore Departed from Darwin, page-16
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| ELE (ASX) Chart |
Day chart unavailable