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SCCO (Southern Copper) short. Just broke consolidation support, ready for another leg down

May 12, 2011 9:24 AM ETSCCO
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SCCO: after a one month long consolidation of the downtrend, it just broke down below support. It didn't move during the recent metals correction, but it seems ready for another leg down now. Also note that copper just broke down under the 200 days moving average.
SCCO short: sell stop 34.61, stop loss 35.15
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