Southern Copper vs. Spot Copper: TA That's Hard to Ignore [View article]
So ... where's the "technical" analysis other than look at "the chart"? Head-n-shoulders top, maybe? Volume picking up, maybe?
As you point out, this is a global growth story with supply/demand driven support. However, the story has been done to death. Everyone who bought in has done well.
The risk here is the old "buy high" then "sell low" blogging that hedge funds employ before they unload.
Southern Copper vs. Spot Copper: TA That's Hard to Ignore [View article]
As you point out, this is a global growth story with supply/demand driven support. However, the story has been done to death. Everyone who bought in has done well.
The risk here is the old "buy high" then "sell low" blogging that hedge funds employ before they unload.