#nikl

Technical input: #NIKL | May 21, 2021 | Unicapital

Stock: NIKLCompany: Nickel Asia CorporationSupport: 5.30 / 5.20Resistance: 5.78 / 6.00 We believe the stock remains sideways in the short term. Recommendation We recommend accumulating near P5.20 and P5.30 support zones with a target of P5.78 and P6.00, place a mental stop if the stock closes below P5.00. Material in this article is obtained from sources we believe to be reliable, but its…

Technical input: #NIKL | May 21, 2021 | Undisclosed Broker

Stock: NIKLCompany: Nickel Asia CorporationSupport: 5.13Resistance: 5.78 MA (20): BearishRSI: BearishTrend: UptrendADX (Momentum): StrongTerm: Short Impression Buy if support holds. Material in this article is obtained from sources we believe to be reliable, but its reliability or precision cannot be guaranteed. This is for the sole purpose of providing details and does not provide an offer…

Technical input: #NIKL | May 11, 2021 | AP Securities

Stock: NIKLCompany: Nickel Asia CorporationSupport: 5.40Resistance: 6.40 / 7.00 Recommendation Material in this article is obtained from sources we believe to be reliable, but its reliability or precision cannot be guaranteed. This is for the sole purpose of providing details and does not provide an offer from us to buy or sell securities mentioned in this document.

Technical input: #NIKL | May 5, 2021 | Unicapital

Stock: NIKLCompany: Nickel Asia CorporationSupport: 5.50 / 5.40Resistance: 5.98 / 6.41 NIKL closed at P5.66. Recommendation We recommend buying on dips near P5.50 and P5.40 support zones with a target of P5.98 and P6.41, place a mental stop if the stock closes below P5.17. Material in this article is obtained from sources we believe to be reliable, but its reliability or precision cannot be…

Technical input: #NIKL | May 4, 2021 | Unicapital

Stock: NIKLCompany: Nickel Asia CorporationSupport: 5.50 / 5.40Resistance: 5.98 / 6.41 Recommendation We recommend buying on dips near P5.50 and P5.40 support zones with a target of P5.98 and P6.41, place a mental stop if the stock closes below P5.17.

Commentary: Iron Ore Prices Hit Record High on China Stimulus Programs (May 3, 2021) | AP Securities #NIKL

Market Event Iron ore prices hit a record-high as aggressive, infrastructure-focused stimulus programs in China fuel booming demand for the key steel-making raw material. Opinion As quoted in Financial Times, Iron Ore (62% Fe) hit an all-time high of $179/ton, up 114% year-on-year (YoY). In a bid to curb soaring iron prices, China announced that it will scrap tariffs on some steel products and…