break out, page-2

Asenal,

KZL has indeed broken out and the initial target is 85c. The strong volume a couple of weeks ago is not for nothing.I can also understand from the fundamental side, that KZL has copper which price is the highest for the last 3 months, zinc and lead has performed strongly. Nickel stockpile has been running down in the LME and we see a jumped of $700 per ton. KZL is also a low cost producer and I see the reason for KZL to perform well. The TA confirms all that and more, volume means buying ahead of the announcement, which is some time to come yet.IMHO, DYOR.