Copper is crushing it!
I've been trading commodities for a long time now and thanks God is finally showing. Besides Oil, copper was one of the best trades this last quarter:
(the second could've been maintained for better gains) but this is the way I trade commodities,
You can confirm with other analysts or different ideas:
"Analysts at Citi believe a new secular bull market in copper is now underway."
but don't let them confuse you
(Not financial advice)
I've been trading commodities for a long time now and thanks God is finally showing. Besides Oil, copper was one of the best trades this last quarter:
(the second could've been maintained for better gains) but this is the way I trade commodities,
- Check the trend (very simple, up or down)
- Look for chart patterns (we see a big Head and Shoulders bottom)
- Find the next support area
- Wait for a consolidation around that area
- Purchase after a clear break and retest of the support.
You can confirm with other analysts or different ideas:
"Analysts at Citi believe a new secular bull market in copper is now underway."
but don't let them confuse you
(Not financial advice)