AGO
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0.00% 4.5¢ atlas iron limited

So the spot price has increased in a generally weak Chinese...

  1. frankj
    570 Posts.
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    28/03/13
    12:58
    Post #: 11599503
    So the spot price has increased in a generally weak Chinese market. Suggests it has purely been due to restocking. The official PMI is out next week, watch the traders push the price higher if it confirms the HSBC flash PMI released last week.

    AUD coming off recent highs will help also. Im looking for it to retrace back to low 1.03.
    AGO Price at posting: $1.12 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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