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[SMM Nickel Morning News] Lunni closed up US $11500 / ton at night.

iconApr 1, 2020 08:38
Source:SMM

SMM, April 1-

Lunni opened yesterday at $11330 / tonne, opening shock down through $11300 / tonne position after continuing to explore yesterday's low of $11230 / tonne, and then recovered slightly, the center of gravity around the $11300 / tonne line of narrow shock. By 23: 00 at night, Lunni broke through the 5-day moving average of $11360 / tonne, rising sharply, rising $11500 / tonne to close at $11470 / tonne, up $155a tonne, or 1.37 per cent, from the previous day's settlement price. Trading volume decreased by 65 hands to 5639 hands, position increased by 9 hands to 229000 hands. Lunni closed in the small balcony, the k column up through the 5 / 10 moving average resistance, the overall operation in the 11200-11500 US dollars / ton range, today Lunni opened at 11435 US dollars / ton, follow-up attention to whether Lunni can continue the upward trend to stand firm 10-day moving average.

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