For those who may be interested in OZL(Gold and Copper producer) may be interested in its current chart ...
I personally think OZL is near a buy here...
Pro's ... Daily 3 x CCI's at desired levels and diverging; at bottom of (orange) channel; bounce from 61.8% (grey)Fib and at top of very important GAP($7.22/14) and now the SP is back above the 38.2% of larger Fib range(cyan). I am still bullish on POG and Copper altho we have seen some S/T bearishness atm.
Con's ... Both Daily and Weekly 'fast' MA's on sells; SP has broken below the 195 sma this week with today's rally action struggling to get back above it.
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"Close_Up" of same chart but with 3 x 'Fast' MA's ...
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OZL_Chart
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