RE: Copper Up - China Strong Maunufg3 Apr 2018 23:18
welcome Spotopp
yes strange share follows doctor Cu then doesn't, been trading this share since 2005, lost loads made much more, IMV sound company since restructuring, there are big shake outs on this can drop 20-30% quickly also gain that ++ .
Since Cu dropped sub $3 its held above 8.20.so found new resistance level previously 7.50 if Cu goes to 3.25 then we should be looking at 10.00++ if you follow this stock carefully it tends to as a general rule go down for 3 days then correct/ or stagnate before up trend, basically keep an eye on CU price as it follows delayed response to that, put another way if it drops about 1.50+ quid i buy back in. Very difficult share to trade so for what its worth dont sell your entire position,as allows for cushion on the big drops. IMV the best copper stock out there not for the faint hearted Good Luck
ATB Bottled