MCR is totally dependent on the nickel price and despite the $A falling market sentiment always looks to the $ US price which is now tumbling like there is no tomorrow .Technically there is no support until $ US 14700 give or take a bit . Why is it falling like this ? I don't know and despite all their previous projections , Mac bank wouldn't know either - it is not called the devil's metal for no reason ! Stocks on the LME are through the roof but they are notoriously misleading . It all gets back to the " trend is your friend " and it ain't good !
nickel price
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Last
$1.04 |
Change
-0.040(3.70%) |
Mkt cap ! $449.1M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.10 | $1.04 | $1.090M | 1.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8809 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 4504 | 1 |
View Market Depth
| Last trade - 16.10pm 02/03/2021 (20 minute delay) ? |
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Last
$1.05 |
Change
-0.040 ( 3.29 %) |
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| Open | High | Low | Volume | ||
| $1.09 | $1.10 | $1.04 | 290879 | ||
| Last updated 15.57pm 02/03/2021 (live) ? | |||||
| MCR (ASX) Chart |