2 levels I am observing, 42C & 50C.
The close today if it holds anything above 42C is considered the start of the reversal. If one is moving average bias then 46C is where it needs to break and not reject interim.
50C is where it is likely to meet some selling pressure as it is a psychological as well as important support that held then broke and retested as a resistance. If you are bullish Ni prices regardless if it is EV, stainless steel or whatever then Ni spekies are having a much better experience than its cousin Li.
Why am I observing 46C? It is the 30wk sma. A break from here and a close above this level for more tan a few weeks will drag that MA flatline before turning up. Good luck
ARL chart, page-1312
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Last
50.5¢ |
Change
0.025(5.21%) |
Mkt cap ! $100.8M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 52.0¢ | 48.5¢ | $19.80K | 39.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2464 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.59pm 28/06/2024 (20 minute delay) ? |
| ARL (ASX) Chart |