Copper this morning was in a slow fall getting pressure from PSAR so I put in a sell order at 4.3295 seeing if price action would break down past 4.3 - Once it did it quickly hit my Take Profit of 100 points, my usual for Copper, at 4.3195. Now to monitor to see if Price Action will reverse and I can do it all again on the way up :-)
Last week, we correctly anticipated Copper to start a correction that will push the price towards the resistance level. In the coming days, we are expecting short-term bullish momentum until it reaches the resistance area. Afterwards, we anticipate the price to make another drop and break the support. Trade with care. Best regards, Financial Flagship ...
This has been a superb ride since 2019. In terms of the review, let's consider the following parts: Altamira Gold Copper ↳ On the Altamira side... Apiacas is the rainmaker, for context, after five years of waiting they were awarded this massive land package in the largest producer area in the belt. According to very good sources they have at least...
📌 Copper for the Yearly Close First with an immediate review of the flows. We were tracking for the capitulation low which was our moment to advance... It was a great choice of moment to load the longs. Extending the belief in commodity shortages which have been entering into play all year long. The highs are worth striving for, all factors remain...
Last week, we correctly anticipated Copper to start a correction that will push the price towards the resistance level. In the coming days, we are expecting the pullback to end around the confluence between the trendline and the resistance area, before dropping towards a new low. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis...
Ammo Inc presents itself as an excellent opportunity in a market where a large number of stocks are significantly overvalued. Ammunition, as we know it, has been booming for a while since the pandemic and we're now in a shortage, which has allowed this business to position itself very nicely going forward. Roth has labeled a $9 price target on the business....
Copper was in a sideways pattern since about 3am. I put in a Sell order for 4.3200 in case price action moved, which it did around 7:15am. Price action moved down through my 30 HMA and I put my usual Take Profit at 100 points, 4.3100 which it did in less than 1 hour. Again, price action continued moving down but I always like to take my profit and run :-)
Perfect setup for Copper this morning as soon as I woke up. In checking Copper chart you can see the sideways pattern with PSAR supporting for hours. I put a buy order in at 4.2900 and just in time, because just after 6am in less than 15 minutes, price action rose straight up through my 30 HMA and hit my TP at 2.3000 for a quick 100 point profit. Great start to...
I think copper will continue to rise. Copper is a useful metal for lots of electronic devices. Point of control might act as a magnet to draw price higher. In march through april copper was at a decision point, and markets decided it was in high demand. I would be surprised if price went back lower through that heavily traded range. If I was ordering copper for...
Copper was in a sideways channel when I woke up and checked it out. Through the 7am hour it stayed sideways but started looking like it might break up, as my 30 HMA was starting to turn from red to green. I put a buy order in at 4.2700 with a Take Profit at 4.2800 for a quick 100 points. Then it broke up and PSAR changed it up it shot and hit my TP within 30...
Vox Royalty tells shareholders to look forward to a ‘catalyst-rich’ second half of 2021 www.proactiveinvestors.co.uk Vox Royalty Corp (CVE:VOX) provided its shareholders with funding and exploration updates from five of its 50 operating partners. The high-growth precious metals-focused royalty company noted each partner had been busy advancing their respective...
20-06-2021 In the past week, some of the inflationary pressure in the market dissipated with a major sell-off across the commodities complex. The Fed’s policy talk helped spur a surge in the dollar, which was part of the reason for the selling. But the first catalyst was a move by China to cool the hot commodities markets. Reuters reported that a Chinese...
Last week, Copper started a bearish rally that stopped around the support level. In the coming day, we are expecting a pullback to occur and drive the price towards the resistance zone highlighted on our chart. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial...
Expected upward movement at external fibonaccii's ratios. Key levels are: 161.8 Fib.
A Bear breakout from all-time high due to effect of stronger dollar and closer monitoring of copper market in China and lesser demand. Watch out the levels.
Similar to Silver, indicators at bottom. bought 5x leverage, long. 100 MA touched and went back up.
The reflation trade seems to be over although there is still some hope. The FOMC meeting seems to have been the catalyst to confirm the end, but that reversal was brewing for quite some time. We had excess speculation, we had people truly believe this wasn't transitory... and we might get some persistent inflation due to supply constraints, but this isn't due to...
It looks like we got a small window to LONG Copper. Price should break out of this falling wedge pattern and retrace to 61% FIB level. lets seee. Im going Long on this, since Copper is fundamentally strong.