re: jebigabre charts
Hi madmacs, thanks for that. Yes I've gone long but it still looks questionable. It really needed to close above that 72c didn't it. 77c looks like a bridge too far at the moment. Could be a start of a major new trend though.
On the fundamentals, nickel was down but the falls in LME stocks are now getting even more alarming: only 14,500t I think atm. These smaller nickel miners are bound to consolidate, the trick is finding the ones who are going to get taken over. If WMC goes, institutional money should come into these smaller players also.
MCR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held