Preview to the Long Copper trade

The attached chart shows circles that coincide with moments when the price of Sandfire Resources (SFR.AX) has traded 2.5 standard deviations below its weekly rolling mean, touched its 200 week moving average and registered a weekly Oversold reading. This price action mimics the decline and low in the price of Copper. Remember that ‘electrification’ theme … Continue reading Preview to the Long Copper trade