Stock market is halfway through the low end months. Copper still holding strong waiting for China Stimulus. Their Market isn’t as bad as media making out. Their property market IS bad but everything else is great. 200 day moving average for CNB holding. I give it another 2 months max if not sooner, then things improve greatly no matter what new they announce. Hang in if you can. Next year will be very different for Copper. August and September always low this time of year across the board. Obviously Copper will move upwards when surplus tightens but it is still hugely reliant on China at this point in time. As soon as China announces stimulus we will be dragged higher with copper prices. DYOR. Predicted Announcement Tomorrow or Friday for them to play with. Personally hoping for another delay on MRE but we shall see.
Stock market is halfway through the low end months. Copper still...
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Last
39.5¢ |
Change
-0.020(4.82%) |
Mkt cap ! $67.91M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.0¢ | 38.5¢ | $88.59K | 224.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2200 | 39.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 1355 | 1 |
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| CNB (ASX) Chart |