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Nickle:The bullish sentiment is weak, and the price will not immediately rise.

Nickel Morning Meeting Minutes on February 21st

SMM News on February 20th: On February 20th, the main contract for Shanghai nickel opened at 126,850 yuan/ton and closed at 126,570 yuan/ton, an increase of 670 yuan/ton compared to the previous trading day's closing price. Trading within the day was stronger compared to the previous trading day, with a volume increase of 45,503 lots and a decrease in open interest of 3,811 lots. This combination indicates that the bears actively closed positions, but trading volume increased. If this phenomenon occurs at the bottom, the characteristic often seen on the market surface is a slight upward trend because the price has fallen to the bottom, the bearish sentiment is relatively good, and the bullish sentiment is weak, and the price will not immediately rise.  ....

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Alaska Energy Metals Significantly Increases NI 43-101 Mineral Resource Estimate for the Eureka Deposit, Nikolai Nickel Project, Alaska, USA – Padovanews

Alaska Energy Metals Significantly Increases NI 43-101 Mineral Resource Estimate for the Eureka Deposit, Nikolai Nickel Project, Alaska, USA – Padovanews
padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.

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