Although the co produces copper concentrate...the co does have a direct coorelation with copper prices..
With copper prices going strong expect a strong reversal.
The co is at the 200WEMA and a bounce here could mean the stock starts a new upswing.
Long at current market price with stoploss below 93.00.
With copper prices going strong expect a strong reversal.
The co is at the 200WEMA and a bounce here could mean the stock starts a new upswing.
Long at current market price with stoploss below 93.00.