looking at BHP and RIO it looks like both have bounced off the recent lows, which indicates that the market does not beleive the commidity stocks are finished with just yet.
i am waiting for a similar type of rally that we got in April/May, ie when AXO went from $0.60 back to $1.20.
i will check the short position again today to see if the guy is still trying to short or if we can get him in a short squeeze.
looking at BHP and RIO it looks like both have bounced off the...
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