Great day for AGM today but will those who bought today dump tomorrow with nickel down 6% at the moment in London? A short term momentum trader bought 300K of these today at 71c after confirming 70c has broken on the upside. Knowing him, I reckon he will be ditching on the opening making a couple of cents per share. For AGM to really kick on back to 80c, the traders have to be convinced that momentum has turned permanently. We will not know that for a while.
AGM Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
