I posted about
ALUMINIUM last night, already running and 2%+ up. And there is another candidate for a LONG very soon, $COPPER.
These industrial metals either have already started mooning or are just about too. Huge shortages of the actual copper and these are predicted to get worse, for years to come (attached graph).
Less supply, higher prices. And the trade war only helps the prices, as evidenced on my MONTHLY chart.
Very simple chart, an ASCENDING TRIANGLE breakout attempt, close a strong candle above $5.05, and I'm callling for $8+.
Being in metals also provides the best kind of diversification that a serious investor-trader type like myself can ever wish for.
So, LONG above $5.05
STOP LOSS: below 50 SMA (yellow at $4.19 atm)
TP: 50% around $8 (just a rough plan for now)
👽💙
These industrial metals either have already started mooning or are just about too. Huge shortages of the actual copper and these are predicted to get worse, for years to come (attached graph).
Less supply, higher prices. And the trade war only helps the prices, as evidenced on my MONTHLY chart.
Very simple chart, an ASCENDING TRIANGLE breakout attempt, close a strong candle above $5.05, and I'm callling for $8+.
Being in metals also provides the best kind of diversification that a serious investor-trader type like myself can ever wish for.
So, LONG above $5.05
STOP LOSS: below 50 SMA (yellow at $4.19 atm)
TP: 50% around $8 (just a rough plan for now)
👽💙
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
