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Copper 831.25 Levels Breakout

Oleh Autodub_Investments
Copper Analysis:

  1. Fundamentals/News: China Stimulus package, ignites buying pressure on metals.
  2. Price Trend: Copper is in upward sideways trend. We will look for buy opportunities at pull backs.If it is upward trend we would buy at current market price. Since Upward pressure is not that intense, we will look for pull backs, with a tight Stoploss.
  3. Technical Levels: With a gapup of 0.5% on Dec 11th, we will trade Long at Retest or Pull back to 831.25-831.65 levels.


SL: Pull back swing low.
TP: Hold until bearishness plays out. or Trail SL
Chart PatternsFundamental AnalysisTrend Analysis
Autodub_Investments

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