Long on Lonmin

LSE:LMI   None
73 2

Interesting correlation between strength of US dollar index and Lonmin share movement. It appears the strength of dollar gives more support to Lonmin than just price platinum futures . As rates are set to increase in US it would be interesting to see whether Lonmin will follow strength of dollar. I've gone for the punt here

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Good call.
Tough to call a bottom right now although it's far away from its moving averages and should pull back soon.
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