Kevi We are moving into september, the doomed month, bear herd mentality will prevail over any chart, technical analisys or even fundamentals. Drops in dow and in nickel price will affect MRE, will see where next support is. I am also worried at the huge amount of stockpile at LME, over 116000 ( biggest ever seen ) and growing, even with some nickel mines closed and others on strike, so far prices have been driven up by speculation and bullish mood, but that can turn around very quickly, maybe an opportunity to buy some more at good prices is just around the corner. I am still bullish on this one for the long term.
MRE Price at posting:
94.0¢ Sentiment: Hold Disclosure: Held