Strike Analytics

Copper

16 Jun 202007:21 AM

There are multiple subdivisions and copper and therefore there could be multiple extensions as well. We may just consider that it will take support at or near the 20 DMA which is currently at 2.50 and continue higher. Every 3 wave pullback could end up being 1/4 wave of some degree inside a larger 3rd wave rally. The top end of the channel is currently at $ 2.80 as the major resistance and it is a rising line.

copper 160620

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