SCCO watch $87.05 above 83.65 below: Key fibs to determine trend

Apr 22

SCCO may have bottomed but not yet flying.
Currently fighting Genesis fib above at $87.05
Likely dips need to hold Golden Covid at $83.65

Of course we have the Copper > Econ > China thing,
No way to know effects but the fibs say "look here".

=============================================

Apr 28

Trade active

BOOM

Break of resistance fib (red arrow) and nice pop.

.

Looking at next steps:

Next Target is a double fib at $97.98-98.05
Might first retest support zone $92.52-92.66
Closed 50% of position, trailing stop on rest.

=============================================

.

Jun 9

Note

"Next Target" hit

(from last update, we were looking for $98)
Closed another 25% at this target for 12.5% gains.
Likely to o higher, so holding 25% with SL at BE.

=============================================

.