As of April 23, 2024, 
COPPER is trading right above the multi-week high (from January 2023).
COPPER moved above this resistance last week and is currently testing it.
With the stop loss below the low of last week, I think it is appropriate to open a long position here with the target price around 5, as shown in the chart.
COPPER is trading right above the multi-week high (from January 2023). COPPER moved above this resistance last week and is currently testing it.With the stop loss below the low of last week, I think it is appropriate to open a long position here with the target price around 5, as shown in the chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.