Tuesday, February 1, 2011

Nickel Price Graph

No idea if this chart could be read the same as reading stock charts or if this is the right chart at all but I am going to post it anyway:



IF it can be read the same way as any other stock charts, price breaking out of reversed head and shoulder would suggest a target of 28500.

That would be good for NIKL right? Just keeping my hopes up! Anyway, it is definitely trending up. Still good for NIKL right? Right?! Haha

**European markets are up by almost 1% as of this writing. Asian markets closed slightly higher. Hopefully the market recovers tomorrow(despite of the fugly chart).

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