Tesla vs Cobalt (resource)Interesting. High cost of cobalt (need for batteries in cars) could be a potential maximum for Tesla's stock price.
Low cost of cobalt may hint at a good extry point to invest.
NASDAQ:TSLA
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The current price of SGX FM Cobalt Metal In-whs Rotterdam (Standard Grade) Futures is 30,974.91 USD / MT — it hasn't changed in the past 24 hours. Watch SGX FM Cobalt Metal In-whs Rotterdam (Standard Grade) Futures price in more detail on the chart.
Track more important stats on the SGX FM Cobalt Metal In-whs Rotterdam (Standard Grade) Futures chart.
The nearest expiration date for SGX FM Cobalt Metal In-whs Rotterdam (Standard Grade) Futures is Nov 30, 2027.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell SGX FM Cobalt Metal In-whs Rotterdam (Standard Grade) Futures before Nov 30, 2027.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for SGX FM Cobalt Metal In-whs Rotterdam (Standard Grade) Futures. Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of SGX FM Cobalt Metal In-whs Rotterdam (Standard Grade) Futures technicals for a more comprehensive analysis.