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$26.44 oz minerals limited

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Owenb79

3,232 Posts.

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15/08/18

19:35

Post #: 34961439
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Originally posted by Owenb79 ↑

I have been expecting a move back to 2.75 for copper for a few months now and it got down there. I have just been imagining the next move now as there is no significant levels to break and in no mans land for a little while. I expect it to form in a triangle and a possible breakout towards the end of the year. Targets long term are up around 3.60.

I have also imagined the move down was a wave 3 Elliot and back for 4 and now into wave 5 and a target down to 2.55 which will make buying anything beaten up on a low copper price really easy. This will be confirmed with a break of the low.

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Only a few pips to go, come on baby.

OZL Price at posting: $9.04 Sentiment: Hold Disclosure: Held
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0 Great analysis

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