Copper - We Look to Sell at 21000

Copper - We Look to Sell at 21000

13 May 2016, 09:05
Roberto Jacobs
0
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Copper - We Look to Sell at 21000

Copper - We look to Sell at 21000 (stop at 21200)

Copper - Price action has posted a bearish Outside Day and is negative for short-term sentiment. Trades at the most negative level since 07/04/16. Little net movement overnight. Further downside is expected although we prefer to sell into rallies close to the 21000 level. Our profit targets will be 20600 and 2040.


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