drilling to start today in brazil , page-11

Well on Friday given all the negative sentiment expressed on hot copper it could only achieve a 1 tick fall lower than Thursdays Low and actually finished 2 ticks above Thursdays Low ... So far today It has not been able to push lower than Friday's low ....We are scraping the bottom here... Sellers are becoming exhausted ...

I doubt it will be able to push lower to a new low from here today ... Some bargain hunter will realize that sooner or later and there will be a mini rush back to 8-8.3c region... where it is likely to meet some resistance as the old Ascending Trendline historic support will now be resistance....