Goldtent TA Paradise

CPER ( Copper ETF)

1. Karl says:

   August 13, 2019 - 1:14 pm at 1:14 pm

   Thank you.

   • Karl says:

     August 13, 2019 - 1:29 pm at 1:29 pm

     Perhaps there is some ambiguity though, even if one reads charts the usual way (I tend not to*). One could probably draw a horizontal line at about 16.2, with the thought that it has at least a year’s staying power. The price has gone above this line. The lines might be fighting it out here.

     There may also be some sympathetic support from nickel (perhaps because it’s now a fashionable “battery metal”?–but Cu is a e-this e-that metal too)–glance at the historical Ni charts at Kitco http://www.kitcometals.com/charts/nickel_historical.html.

     (* I tend to think less in terms of sharp lines but try to fuzz and blur them out in my mind, thinking in terms of probabilities.)