Looks like nickel heating up this week, I'm gonna throw a theory out there -
5,000t drawn down between 9/5 and the 16/5. At this rate will be under 150,000t by end of June. This sharp decline caused the price to bounce off the moving average for the previous three months having already tested it the week before and I suggest it may now be sitting on/around some other longer term average from July/August 2017. As per 5yearly price chart - are the levels finally about to influence the next peak. All a bit of a stab in the dark without a good charting tool, interested in the thoughts of anyone savvy with these things - Please feel free to plot accurately or call bs.
Nickel news, page-101
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $16.78M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.1¢ | $160.7K | 12.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 35502340 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 493401 | 5 |
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| Last trade - 13.43pm 14/11/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |