SCCO - wedge breakout and retest. Small risk buy opportunity

Long

Southern Copper Corporation (NYSE:SCCO)

Updated

NYSE:SCCO Southern Copper Corporation

Chart Patterns Wedge Flag SCCO Copper basicmaterials mining NUE

chartpattern wedgepattern flagpattern scco copper basicmaterials mining nue

SCCO We can see a wedge breakout on heavy volume, small decline and retest. Probably, it is a second chance to enter long on this price level.

Trade closed: stop reached

Comment:

Closed the trade right on market open. -5.3% on this investment.

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