Nickle Finds long term supportNickle Commodity Index DJ:DJCIIK
Monthly Chart
- Long Term Support Line (holding)
- DSS Bressert Cross ideal (TBC)
- On DSS cross confirmation you could enter a
trade or enter at current price & place a tight
stop under the Long Term Support line to protect
your position.
GLNCY
Glencore PLCAfter doing some research, I like this company. With the uprising of the EV industry along with COVID recovery in other industries (aerospace, infrastructure, renewable energy movement) I believe this is a good opportunity here for a rise up. Details in photo. Financials are getting better since taking commodity hits all 2020. New Management with a chip on the shoulder I'm sure. Commodities include (zinc, nickel, copper, gold, silver, cobalt, coal, and I may be missing one or two more.) I can see some growth in this company. They also increased their dividends. They literally had to slow up on production due to covid demands. More companies will start shopping around. Let's see what happens! I bought 8 shares and will watch for dip re buys! I know this company will be around. I'll look forward to increasing dividends down the line.
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