CMP 414.40
Based on my Analysis,
Long term positional targets: 399-397, 392, 381, 374, 370, 364, 345, 325, 318.
Resistance: 422, 435, 440. Any move above 440 will change trend.
If Copper restricted by 416.15/422, I expect in short term 408, 406-405, 400-398.
on Investing.com
Oct 13, 2014 04:25AM GMT
Any move below 390, we will see 381, 374, 370, 364, 345, 325, 318 positionally. But if supports we will see 500+. Resistance 422/440. For BULL run, copper needs to break 440. For BEAR run, copper needs to break 390. Buyers SL 389. But I am bearish and expect a break of 390. In short term I expect to see 406/400/395.
Based on my Analysis,
Long term positional targets: 399-397, 392, 381, 374, 370, 364, 345, 325, 318.
Resistance: 422, 435, 440. Any move above 440 will change trend.
If Copper restricted by 416.15/422, I expect in short term 408, 406-405, 400-398.
on Investing.com
Oct 13, 2014 04:25AM GMT
Any move below 390, we will see 381, 374, 370, 364, 345, 325, 318 positionally. But if supports we will see 500+. Resistance 422/440. For BULL run, copper needs to break 440. For BEAR run, copper needs to break 390. Buyers SL 389. But I am bearish and expect a break of 390. In short term I expect to see 406/400/395.
