FishingAndBeerI am not convinced about a high 50's run,but,a mid...

FishingAndBeer
I am not convinced about a high 50's run,but,a mid 50's run is 'due'. It has been going sideways around 47.5/48 for a few days. BOTS accumulating. Friday was as obvious as you can get to keep it no higher than 48, 1254 buy units(at 47.5) stacked to the hilt!
Volume has been 'low' lately. IMO someone is accumulating and when they are good and ready they will unleash PNA. I hold a large volume I purchased for 50.5 at a 53.5 sell and I am not budging, puts me in poll position when everyone else starts moving into the queue. As to sizing up an entry point, I bought more at 48, at least these can be sold if they do a mini pump to 50.5/51.5 and then buy back in whilst waiting for mid 50's.
If copper price moves up, that is 'half' an excuse for a pump and Codelco sign off will be the 'major' excuse.
Lately share trading seems to be a BOTS world, good luck to all with your holding(s). :)))