Peet_Serfontein

Copper: Is Dr. Copper showing signs of discontent?

Short
CAPITALCOM:COPPER   CFDs on Copper
A price action below 3.90 supports a bearish trend direction.
Dipped below its 200-day simple moving average.
Further bearish confirmation for a price action below 3.80.
The target price is set at 3.65 (the 200-week simple moving average).
The Stop-loss is set at 4.00.
Failed to break the resistance trendlines through the tops.

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