Yes, I should think so Jako.
Copper is in real trouble - I don't read news much and certainly don't read analyst reports, so I've no idea what they are saying. I did notice one hearted poster saying the bottom was in LOL.
Here's a daily with the current support, red lines indicate the weekly S/R box.
Now if we look at the volume on price late last year there was obviously some buying going on:
However, if we fast forward to March this year - it gives the appearance of being offloaded. I think it is about to break below that box.
Hourly:
I think the current target is around 1.80, but still think 1.50 is coming unless something big changes that.
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