Looking good.
The best thing for me on the 10 year chart is the gradient of the incline since 2016 is much more amenable to LT price support compared to Nickel's history of boom spikes like seen in 2007/8 and to a lesser extent in 2011.
Don't want to jinx it, but longer term target is $29k/tonne.
Looking safe above $20k/tonne ATM. The EV story is way too strong to deny for the nickel price naysayers (if there are any, that is!).
CTM chart, page-918
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 (20min delay)
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Last
40.0¢ |
Change
0.020(5.26%) |
Mkt cap ! $197.9M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 38.0¢ | $30.61K | 76.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 145527 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 1547 | 6 |
View Market Depth
| Last trade - 13.51pm 07/05/2024 (20 minute delay) ? |
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Last
40.5¢ |
Change
0.020 ( 6.58 %) |
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| Open | High | Low | Volume | ||
| 39.0¢ | 41.0¢ | 38.5¢ | 25878 | ||
| Last updated 14.28pm 07/05/2024 ? | |||||
| CTM (ASX) Chart |