Copper - My Stocks Investing

Copper: Inverted Head & Shoulder

Post author:Marubozu
Post published:March 1, 2016

Copper is forming an Inverted Head and Shoulder, a trend reversal pattern, with neckline at about 2.13. Keep a close watch on the breakout with price target of 2.46 (the next Support turned Resistance).

Copper Mar1-2016

Long term Copper has formed a Hammer on monthly candle at 2.00 support. Copper looks like have found a bottom.

Original post from https://mystocksinvesting.com

Copper ETF for long term investing are:

JJC
CPER
CUPM

Note: Check the Bid Ask Spread before deciding which ETF to invest. The spread may be very wide for certain ETF due to low liquidity.

JJC Mar1-2016

Note: Copper price is a leading indicator of manufacturing activity as this metal is widely used in electronics devices due to its conductivity of electricity. See Cooper applications here.

Copper: Hammer!

Post author:Marubozu
Post published:September 30, 2015

Copper has formed a Hammer at the support on daily chart. This is a potential reversal pattern for short term trade. Copper may be forming a Double Bottoms chart pattern after the recent down trend.