This is a story about how exponential increase in Nickel's price negatively impacted a fundamentally strong nickel mining company and without any fault from the company itself!!. ⬜ Little bit of background We all know that commodity prices are skyrocketing due to Russia-Ukraine tensions and in the fear of sanctions on Russia. Russia has major market share in...
watch closely for another sharp drop down to $1.30, due to LME closing trades, NIC biggest supplier to TSINGSHAN, if drops to $1.30 and consolidates very good entry for swing trade to $1.60 25% profit, i would also set a stop loss just below at $ 1.20 , very bullish this company
forming head and shoulder pattern,if breaks could drop as low as $1,05 major support line, im currently long ATM stop losss set for $1.30, exit level $1.61 ,head /shoulder pattern is concerning
strong support at $1.40, almost a bottom of BB, good entry point @$1.40 with exit @$1.63 potential 14% profit, 12-14 day time frame, extremely bullish long term this company as well
Negative divergence on RSI Approaching resistance Ascending wedge I am neutral while waiting for a pullback
Wave 4 on a weekly chart is finishing up, the up side is significant !
NIC Bullish Director On Market Purchase In Brief - $500k - Nickel Supply gap in 2022 - NIC is doubling production capacity - Strategic Shanghai Fundy increased holdings to 18%
NIC is expected to drop further down towards its strong level of $0.725 IMHO. I think price may consolidate for a bit like it is currently for a further plunge. My buy zone is around $0.725, for a potential buying opportunity. Lets see how it develops in the next upcoming sessions. Please note these are my own notes, by no means trading advice. Please do your own...
A NEW FORCE IN GLOBAL NICKEL Nickel Mines Limited (‘Nickel Mines’ or ‘the Company’) is an Australian public company emerging as a globally significant, low cost producer of nickel pig iron (‘NPI’), a key ingredient in the production of stainless steel. Nickel Mines now holds 80% economic interests in the Hengjaya Nickel and Ranger Nickel projects, both of which...
ENTRY: 1.155 SL: 1.300 TP1: 1.065 TP2: 0.965 - ADX<20 - RSI<50,RSI>30 - Daily RS -ve - Daily FFI -ve - Daily MACD -ve - Weekly RS N/A - Weekly FFI -ve - Weekly MACD -ve - Breakdown with good volume on 27 Apr 2021 - Retraced with low volume today
With the screaming & shouting about Nickel, here is one who has potential, with support & resistance zones marked by the red dotted lines. RSI divergence bleeding off so watch for a break & retest of the $0.63c zone
Looking for a break, on volume, of 63. Nickel stock. On the battery train.
Seems like nice consoliditionation around this 60c level. looking for a push through res at 62-63.
hey traders, looking at NIC for a potential move to the upside. longs valid now. regards, TM
Nickel Mines has been having a great run as of late. On the 15 minute chart you can see it is consolidating before its next break - hopefully to the upside. I have set an alert to let me know when the OBV crosses above the 30(MA) to take another look and pick an entry. Nickel Mines Ltd is an Australia-based company that is focused on producing nickel pig iron...