NP hitting 4.11, triple spike attack at 4.09 in last few hours broke the 4.10 level yet again
4.10 is crucial as its the 7 time stop point for the last 5 months since 1 December.
4.10 is what all TA experts are now watching.
same trend yet again, drop in asian trade and spike in overnight trade
http://www.*****net.com/charts/metals/base/t24_nk180x150.gif
IOP also spiking again to US$62T up 3% also.
OilP up 1.5% WTI cracking 40 yet again
NatGasP up 3%
ZiP up 1% also
This looks nothing like a commodity bust cycle to me
Looks like a rebounding cycle, multiple spike ups in commodities
If NP can clear 4.10-4.20 and stay above for a few weeks then it may create a new floor at 4.10 and then head sharply to 4.50 as the shorts have lost the battle.
China as a nonproducer but a global buyer will be stuffed in a sellers bull market, the buyers bear market looks over. The commodity bust cycle looks finished.
Look at the CRB & BCI-
2016 is a net increase +4% so far, the first time in 5 years!
![]()
- Forums
- ASX - By Stock
- Nickel ... slide or soar...???
NP hitting 4.11, triple spike attack at 4.09 in last few hours...
-
- There are more pages in this discussion • 285 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add POS (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $14.63M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $16.08K | 4.353M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
110 | 66704834 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 46233176 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
109 | 66671501 | 0.003 |
35 | 65284719 | 0.002 |
23 | 93592753 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 46233176 | 24 |
0.005 | 38094091 | 23 |
0.006 | 9078000 | 13 |
0.007 | 8518277 | 9 |
0.008 | 1800000 | 1 |
Last trade - 15.43pm 06/09/2024 (20 minute delay) ? |
Featured News
POS (ASX) Chart |