At the moment, the barrier is at 28.5cps. If that gets taken out, we are moving past 30cps.
Honestly, next week is going to be a cracker for a lot of commodity stocks that have solid fundamentals and are closer to production to leverage of the coming high commodity prices. Majors are already scrambling for acquisitions in my plays on the TSX. It seems to take longer for the understanding to filter through in the ASX.
We are going to see the DOW shoot past pre-lehman levels...another significant tech indicator to be crossed this evening.
Have a great weekend all.
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- zinc/lead prices shoot up
At the moment, the barrier is at 28.5cps. If that gets taken...
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