Ni spot up about 2.5%/LB in overseas markets.
Augurs well for all Ni stocks.
But remember, if you trade by the pattern, you die by the pattern. If you trade by the fundamentals you die by the fundamentals.
One good day does not make nor break a pattern nor shatter the underlying fundamentals.
Patterns are made up of a series of days. Fundamentals are made up by a series of CEO's and, occassionally by the CFO.
I am trading HRR in anticipation of a flag breakout to $1.10-1.20.
The Stop is set very very tight on this one.
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