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Pattern cup and handle saham INCO

Pattern cup and handle saham INCO

INCO membentuk pattern cup and handle. Hari ini sudah konfirmasi breakout neckline 3800. INCO potensi melanjutkan rally ke level 4800. Batasi resiko trading jika turun ke level 3400.

Pattern cup and handle saham INCO
DB : Vale (VALE US)  is taking out 150,000 tons of nickel production for the next three years

Vale Chief Executive Officer Fabio Schvartsman said in an interview said Vale is holding off on major investments at mines in Canada and New Caledonia and is taking out 150,000 tons of production for the next three years to protect its reserves and “to give us the opportunity of participating in the EV revolution. (Bloomberg)

DB : This is equivalent to 6% of global supply; should lead to stronger nickel price. Currently, LME future nickel prices stay strong at US$14,750/t. Our top picks are INCO and ANTM.

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