SOUTHERN COPPER CORPORATION - 30d expiry - We look to Sell at 77.48 (stop at 81.21)
We are trading at overbought extremes.
Posted a Double Top formation.
Bespoke resistance is located at 78.70.
Resistance could prove difficult to breakdown.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a...
SCCO is one of the company dealing in copper and copper mining, it has kind of monopoly over copper. With recent EV demand , copper demand will also increase.
Right now it is offering a very god entry point near its stron support. Overall it has finished with cup and handle pattern . It should test 75 levels soon.
Idea is for entertainment , its not a trading...
Gold Silver Mining Stocks Breaking Out
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