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Nickel

Nickel short tradeThanks for viewing, I am not sure how widespread interest in Nickel is, my interest in Nickel is; - It is a valuable metal that is in demand as the world turns towards electrification (Nickel currently has a low proportion of its demand ~3% from batteries and ~70% from steel-making but EVS. Vehicle manufacturers are turning towards much higher proportion of vehicles being EVS and battery manufacturers are turning to higher efficiency batteries with a higher proportion of nickel, - There are therefore, strong fundamental reasons to expect strong long-term demand, - It is possible to buy large volume physical metal and store it in secure locations (you can even take out a low interest loan on a %age of the market value of the metal collateral) like silverbullion.com.sg. - I would like to add physical Nickel into my "all weather portfolio" (so that commodity positions comprise 7.5% of the portfolio - a la Ray Dalio) I am looking for an entry point to buy. If you trade, I put my entry point on a break below the swing low for a 1:1 extension of the previous drop. If my view is correct this would allow wave (B) to complete without making a lower low (than was set in Feb 2016). This would set the scene for a new bull move towards all-time highs. That short trade (stop placed arbitrarily above nearby resistance) could net -27% closing out at $180.93. Actually, I may look into a platform that offers a short contract. If the Feb 2016 low is exceeded, my bullish scenario is off the table. Reasons for a bearish view: - MACD histogram strong down trend, - MACD moving averages looking like crossing over to the downside, - If a wave (B) unfolds to an expected 1:1 extension that will mean an 44% price decline, - Lower buy volume for Iron ore over the past 18 months and signs of exhaustion in the Iron Ore rally - and as so much of nickel demand is from steel-making this would also drag down Nickel, - Nagging suspicions about a generalised property bubble that is in the process of deflating in the west (commercial property down 20-30% in the US in 2020) if it gets underway (massive manipulation will be required to stop the implosion of a huge speculative bubble in residential and commercial property) in China - there could be a huge reduction in steel demand for construction. At the moment I'm not trading, but looking to enter long around the $180 (below $8000/ton) mark. At the moment silverbullion.com.sg is offering just under 4% over spot and similar buy-sell spread. Storage fee are around 1.5% per year at current prices (more as a % basis for smaller 250kg / 550lb amounts). They have 2000kg bags of 99.8% pure Nickel at USD14,986/ton. I would be looking to enter below USD8000/ton and am hoping for a ~40% price drop overall before the next bull market. Of course, I could be wrong, or right but too early, or I may miss the buy-zone for some reason (like lack of funds) even if it unfolds exactly as I have charted it. I am not an affiliate and the link posted isn't an affiliate link. It is just something I discovered in my search for gold and silver bullion non-bank vaults. If anyone knows of a better offering elsewhere - please let me know (I am also interested in low premium / spread bulk copper - not small ingots or coins). Lately, I have been finding Elliot Wave principles very helpful in determining entry-points into commodity, gold and silver, and equity positions. When pessimism prevails people and organisations sell or get liquidated and the bottom normally isn't right at the point that fundamental factors switch from 'sell' to 'buy'. I find EW is helpful for setting entry and exit points - especially in lieu of more concrete information. Protect those funds
DJ:DJCIIKShort
by flyinkiwi10
CNC $5.8 Price TargetBeautiful Canadian stock. Looking at a +$1.4 on a per spike basis. We know the value in nickel - for the potential EV market. If you want to set a stop, do it at $2.5 so that you don't lose out in a potential sub 3 dollar dip. I would buy more, you only lose once you sell :) $5.5+ price target. Love it long. Will be buying at either 3.25, or at 3.5 on its way back up. And of course again at supports, and again below support up to $2.5 You're welcome in advance. *Not a financial advisor. **Don't judge me on my winners. Judge me on my losers, because there are so few.
TSXV:CNCLong
by kambach
2
CCW.V Acquires 39,200 Hectares of EV Properties in ON and QCCCW has acquired nickel and copper properties to add to its flagship Cobalt, ON property that has been delivering bonanza silver and cobalt intercepts. Bullish Engulfing candle and pickup in accumulation make for a nice chart setup. --- COQUITLAM, BC, Feb. 16, 2021 /CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") is pleased to announce the acquisition of 39,200 hectares of EV properties in Quebec and Ontario. It is Canada Silver Cobalt's intention to transfer the properties, in exchange for shares, to another public company to be identified by the Company, in order to capitalize on the current EV market, and to distribute the shares by way of dividend to Canada Silver Cobalt's shareholders. These properties have a strong potential to host a variety of base metals including nickel, copper and cobalt. This strategic move is for structural organization purposes to add to our current cobalt mineralization discoveries in the Cobalt Camp and as an expedient approach to the increasing demand for EV battery input materials. Canada Silver Cobalt's main focus will remain on its High-Grade silver discovery at the Robinson Zone with drill core silver grades of 89,000 grams per tonne (January 29, 2021 CCW Press release).
CLong
by wealth_bakery
💰🧧 Metal OX 🐂 🏮❤️💰💰💰 ( Year for Softer Metals)This is the second part, I would recommend you watch the First part So this is t he Year of Softer Metals and our focus will NOT be on Gold. Gold is the 'Hardest metal' for the Financial standards and has already reached all time highs last Year ( last year was also a Metal year but Yang, not Yin!) In this video we cover: 🏮Silver which is far away from it's price in 1981 (!!!) 🏮Platinum which has been our first pick in January 🏮💰 Lithium which is the definition of a 'soft metal' and was a huge success for us in 2020 🏮 Nickel which we like to invest through an (ETN) exchanged traded note or this Australian beauty 🦘
FX:XAGUSD
by FX_Professor
4
MCX Nickel Parabolic Curve Pattern & TipsThis is MCX Nickel weekly chart. Price projection is based on Parabolic Curve & Fib Retracement. As mentioned in the chart, At the end-point of Base 3, indicated by the "X" symbol, the nickel could double in the shortest period of time. Targets: 1426 - 1632 - 1778 - 1854 - 1962 ( 2.618 - Based on Fib Retracement ). If nickel breaks the curve line, it can collapse up to "X" or base 3 deep. Hence, we can see the following targets from the selling point: 1130 - 1050 - 960 - 850 and below . Remember, trade with the direction of the breakout. And stop-loss above/below breakout level.
MCX:NICKEL1!
by freestocktips
6
Nova Royalty Corp, copper and nickel royalties for EV boomI like the macro setup for this new copper and nickel royalty company. I'm in at $2.78 with a stop loss at $3.04. Experienced management and board members from Metalla Royalty & Streaming (NYSE: MTA, TSX-V: MTA) Copper and nickel are both expected to be in critical deficits by 2025 or sooner Annual nickel demand from EV batteries is expected to grow 20x by 2030 Royalty companies are a great business (e.g., gold royalty companies outperform gold and gold mining companies) Peter Schiff mentioned Nova Royalty is one of his largest personal holdings on his podcast Here's their latest investor presentation: www.novaroyalty.com
N
by jfornear
2