Nothing can keep going up forever and that includes metals. Copper is currently (technically in a heavily oversold position and hence is more likely to head north than south.
Personally, I don't think you will see OZL at $5 or anytime for that matter. The world in general is gradually picking itself off the bottom and although the LME is showing Copper stocks on hand, it won't take too much draw-down, to alter the demand/supply ratio IMO.
However, by all means wait & good luck>
OZL Price at posting:
$5.90 Sentiment: LT Buy Disclosure: Held
