Following are near term positives for the CHN in terms of SP
1. With Chinese new year holiday now finished, Palladium prices are likely to recover. I expect $1000+ by end of this Month
2. Palladium and Nickel have formed base and bounced back well from lows in strong volumes
3. CHN is showing strength at current levels. A close above $1.13 can take you to $1.24 and on closing above that can see $1.61
4. Expect some positive updates/news in March/April as per previous update.
5. Beaten down stocks in mining showing buying interest. Expect short squeeze to burn the shorters.
DYOR. GLTAH.
Disclaimer : I have added to my holding today
Following are near term positives for the CHN in terms of SP1....
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Last
$1.79 |
Change
-0.005(0.28%) |
Mkt cap ! $696.2M | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.84 | $1.74 | $6.507M | 3.613M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5334 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 3498 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$1.80 |
Change
-0.005 ( 0.03 %) |
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| Open | High | Low | Volume | ||
| $1.80 | $1.84 | $1.74 | 889054 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| CHN (ASX) Chart |