Copper futures at 9 year highs and all time high is around $4.65, FCX is the world's largest publicly traded copper producer. It is following the price of commodity. Demand for copper from renewable sector is growing as new power generation capacity addition renewable energy (China/India).
Options - The March 19 $38 calls traded over 11000 times, over 34,000 in...
Hudson Bay Minerals is 50% off January high and mining not favorite for many but it's
in small-cap under $10 stocks that can give good double digits this year.
Turning up off baseline entry as copper futures are also turning around.
HBM tagged teh 25DMA and with good volume is moving higher. The recent sell off has reset the RSI and is nearly there on the %R. 50% retracement on the Fibo looks good. I supect this is a low risk spot to get in and ride up to $6.50. Set a stop below the 25sma.