MCR mincor resources nl

q report, page-9

  1. 1,449 Posts.
    I wouldn't be to concerned, the move last night on the LME hits a retracment level that Nickle was due to fall back to, it is 1 of 3 retracment levels, however I beleive it will hold, expect rising prices now. Also to confirm this level MCR came within 2c of its maximum retracment level if prices are to continue rising, I will be looking to pick as much stock up today as I can at around the 72, 73, 74 level. 72c should be the bottom.

    Cheers

    Tejay
 
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