$SCCO can rise in the next days

11 May 2021

Contextual immersion trading strategy idea.

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile.

The demand for shares of the company still looks higher than the supply.

This and other conditions can cause a rise in the share price in the next days.

So I opened a long position from $80.45;
stop-loss — $77.04.

Information about take-profits will be later.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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12 May 2021

İşlem kapandı: durdurma seviyesi