I setup a nickel watchlist a few weeks ago, but those stocks did nothing.
ARL, AUZ, BAR, BOA, BSX, CR1, CZI, ESR, EUC, GAL, GBR, JRV, LEG, MEI, PM1, SGQ
Well, that's not strictly true … they all went backwards …. in the red so to speak.
At the end of last week, there was a noticeable change with ARL, BAR, BSX, and SGQ all showing double digit gains.
An updated nickel price chart …. but I still don't understand why the others are so lifeless.
There's some fundamental reasons supporting the rise as well ….
https://uk.reuters.com/article/uk-metals-nickel-ahome/column-indonesian-supply-fears-stoke-brutal-lme-nickel-battle-idUKKCN1UZ1H5
https://news.metal.com/newscontent/100960086/Top-Philippine-high-grade-nickel-ore-supplier-to-suspend-mining-in-Oct/
Chart wise, ARL and SGQ look pretty good, with a lot of accumulation happening over at JRV. As for the others, scratching my head. Maybe it's to do with nickel sulphides versus nickel laterites?
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