(Bloomberg) -- Nickel rose for the first time in
four days in London as some investors judged declines that took
the metal to a six-month low were overdone. Copper, zinc, and
lead increased.
The so-called 14-day relative strength index for nickel,
which shows how quickly prices have advanced or dropped in a
specified period, had a reading of 32.7 today. A reading below
30 signals prices may rise.
Read more at Bloomberg Commodities News
four days in London as some investors judged declines that took
the metal to a six-month low were overdone. Copper, zinc, and
lead increased.
The so-called 14-day relative strength index for nickel,
which shows how quickly prices have advanced or dropped in a
specified period, had a reading of 32.7 today. A reading below
30 signals prices may rise.
Read more at Bloomberg Commodities News
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