SHN volumes are way down and as Stan Weinstein reminds us you need a lot of volume to make stocks move up a lot but you don't need much voume for them to plummet.
SHN seems to be settling in at 0.10 but undecided where to go from here.
Nickel prices are good, they're holding, and it seems we'll see slow but steady rises in its price on the fundamentals of supply and demand rather than the speculation we've seen in the past (it's never sustainable that way).
In view of this, coupled with the healthy rises in other Nickel producers like MRE etc would it be fair to say SHN has more upside than downside potential right now?
Problem is, my chart is showing sideways for a while and maybe a drop. Am I reading it wrong? Anymore SHN holders out there that can offer an opinion?
SHN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)