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tradingzebras
May 15, 2019 6:40 PM

Daily trend reversal Long

IVANHOE MINES LTDTSX

Description

Previous resistance of 3.28 now being tested as support, and a nice little hourly bull flag is being formed. On the larger scale this is a possible ascending triangle with overhead resistance around 3.60. Could be a nice break if we can push through that level.

Also, Musk says that copper is going to be in short supply with electrification. And this company has a massive copper mine coming online.
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