AVB 0.00% 16.5¢ avanco resources limited

Something has to happen, data all over except the US is rubbish....

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  1. 3,232 Posts.
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    Something has to happen, data all over except the US is rubbish. Its the most annoying thing because the currency is getting smashed and the index stock markets are being bought because traders know rates will stay low or go lower. It gives a weird perception of wealth. Might take 2 years or longer don't care. If you nick over to my chart post spotted a potential breakout to to 3.35 on copper and would mean I would not trade again possibly for the rest of the year. A break higher is too hard to judge momentum. I believe it will trade back into the range back to $3 and possibly not get low enough to generate a price differential and trade opportunity. More of the buy, hope and hold strategies that could possibly work but prefer to buy when there is blood on the streets and people are shocked at moves in the market and do not understand why they are so low.
 
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