CCU sp is tied to price of silver unfortunately, and the concensus seems still to be bearish on silver? a small increase in fabrication uses for silver and both Indians and Chinese buyers are largely responsible for whatever support silver has, but worth keeping an eye on for future reversal. Would not expect to see any really dramatic reversal in silver prices at any time, just a positive fluctuation now and then.
but you're right about falling knives, wait for reversal confirmation.
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