ARL 0.00% 40.5¢ ardea resources limited

ARL chart, page-1463

  1. 43,393 Posts.
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    Good to see a recovery. I have not been following for sometime but looking at the weekly chart, price really need to attack the bearish pin bar wick and break the top of it.

    The follow through selling was mild so that is a good start and the recent Ni price future spike is helping the sector. Although I have exposure in this sector, I am reluctant to be calling anything because Indonesia can just as easily reverse their export ban on production. Might as well enjoy it while it last?
 
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