When you say China...don't expect quick fix for Cu. Obviously it was well played pump and dump, some shorts covering, and there we go.
Who said last week low 5s? Wasn't me. At this point it's just laughable to believe it's only shorts selling HGO. China and it's RE sector can drive the whole sector down, EV and all other ESG staff is just a woke talk for the believers. We discussed it here in 2022, none believed me. Hard times ahead.
SP 10, 30, 50 cents, not that fast please! 1,2, 3 cents dividend, really?!
"Copper’s fall since the squeeze was squoze compares to bandwagoners eager to jump on the next big thing calling for $15,000 early next year and $40,000 a tonne in the “not too distant future”.
Copper price: four Chinese bear charts
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Last
5.3¢ |
Change
0.002(3.92%) |
Mkt cap ! $111.0M |
Open | High | Low | Value | Volume |
5.1¢ | 5.3¢ | 5.0¢ | $101.2K | 1.958M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 444260 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 423085 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 400000 | 0.052 |
2 | 419627 | 0.051 |
7 | 527543 | 0.050 |
3 | 129446 | 0.049 |
6 | 540199 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 423085 | 2 |
0.054 | 962730 | 1 |
0.055 | 260000 | 1 |
0.056 | 200000 | 1 |
0.057 | 517817 | 2 |
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