RXL _ im in as of close today for an investment now, but should bounce a few ticks tomorrow.
Lots of T3'ers would have sold out today after buying yesterday. (Comsec runs T3 as buy today sell tomorrow)
The resource section of my portfolio needs a little beefing up, and now is an ideal time to start dipping back in - especially nickel, with the nickel export ban and all.
Healthy retrace today, sitting right on 34 day moving average, primed for a technical bounce tomorrow with the benefit of ongoing underlying fundamental support.
Reuters talking up Australian nickel miners today:
http://www.reuters.com/article/2014/01/12/indonesia-minerals-idUSS9N0IQ01Q20140112
http://in.reuters.com/article/2014/01/13/indonesia-minerals-antam-idINJ9N0FE01F20140113
http://www.reuters.com/article/2014/01/12/indonesia-minerals-idUSL3N0KM0GU20140112
Nickel sitting right on support too:
RXL _ im in as of close today for an investment now, but should...
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