Technically $5.20 is a very important resistance line. If it is broken,the second up-leg, formed at around 1 Nov 2017, would collapsed. This collapse means the current booming of nickel price comes to a end.
Could we see the nickel boom back? Definitely but no one know how long it would take.
The problem is MBN has limited time to wait even some losers here said it could wait for 2-3 years!
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held
