IGO 2.12% $5.09 igo limited

Pretty significant break today back above the $3 level, and on...

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    Pretty significant break today back above the $3 level, and on decent volume.

    It doesn't feel like a DCB.

    I haven't looked at gold or Ni futures/prices, but anything positive may frighten a number of shorts and we will get that short cover rally we are hoping for.

    Commodity prices are certainly coming off some pretty significant lows.

    Keeping a close eye on the other mid-cap miners too, for a sign of a recovery.

    On the way back up, the $3.50 level would be the first target, being a pretty significant resistance point for some time.

    Milesy
 
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