certainly an amazing rally in commodity prices overnight, momentum is clearly behind the resources sector, it might be time to look at some of the laggards in the base metal sector to start to play catch-up.
JML,CBH,PEM - zinc producers that have underperformed recently may start to run thanks to the nearly 7% rise in zinc overnight.
although nickel stocks have had a fantastic run up recently the continued rise in nickel price may provide some scalping opportunities, look at the likes of MCR,MRE,MBN,PAN
mining services companies might also get a leg up thanks to the broad based commodity price rally, so look at the likes of BLY,MAH,VMG,BDL,AAX,EHL,MND etc
momentum is clearly behined the likes of MEO,KZL,PNA,SDL could be further opportunities but be careful not to be the last one out of the trade.
finally CCC had a nice technical reversal yesterday and bounced hard of the 6.5c level, expect to see a test of friday's high of 7.6c shortly, ninelives posted a nice chart yesterday on the CCC thread, also buy/sell depth ratio is vastly improved this morning.
