Copper Sell (Short term)
We have seen an impressive bull run on Copper and Copper stocks over the past few months, my calculations / analysis shows that this may now be coming to an end and we should expect a short - term sell off on Copper and Copper stocks in the next coming weeks.
Copper (XCUUSD) will be entering a correction in the second quarter of 2022. At the current price, potential downside is about 22%. My first target for this quarter is 44.09/LB and 33.51/LB is the 'final safe' at which further analysis will be made available.
DISCLAIMER: This is purely educative content and must not be taken as investment advise.
Good luck
Copper (XCUUSD) will be entering a correction in the second quarter of 2022. At the current price, potential downside is about 22%. My first target for this quarter is 44.09/LB and 33.51/LB is the 'final safe' at which further analysis will be made available.
DISCLAIMER: This is purely educative content and must not be taken as investment advise.
Good luck
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.