Short Term Trading Week Starting: 29 Apr, page-15

  1. 5,668 Posts.
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    Copper, as most know, is flying. 10,700 is the next target, but several banks have 12 month targets around US$12,000 which is significant upside from here. Wisdom Tree leveraged *3 Copper is a good vehicle to directly trade copper, but it is leveraged so, buyers beware. This could be a better play than imvesting/trading in companies that have alleged good resources. Articles today doing the rounds that half the worlds largest copper mines are in drought areas. This is a huge issue going forward.

    https://hotcopper.com.au/data/attachments/6135/6135417-105bd6492f1af924d3a25da0a15cacd7.jpg
 
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