Inverted head and shoulder pattern: 28500 (done - 28700)
Bullish flag/pennant: 31700 (rough estimate - $14.37/lb)
Possible upside at current price: 13.90%
Short to medium crazy nickel forecast: $16/lb
Nickel chart is filed under Nickel Asia(NIKL) chart.
CASH BUYER 28,670.00
CASH SELLER & SETTLEMENT 28,680.00
Looking way back into the bigger picture:
Just broke out of the bigger inverted head and shoulder. Judge it for yourself.
It seems to me that the demand for the metal is growing though.
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