Be careful.
Rising Cu stocks on the LME, now over 310,000 tons up more than 20% over the last few weeks. The Chinese have stopped buying and will not buy until Cu drops to US$2.50/lb or under.
ABY is good one to trade now, that's what I did last week in at 92.5 and out this week again at $1.07.
I don't see a lot of upside at present and there is definately more downside possible.
The easy money has already been made. ( ie 10 cents to $1++)
I'd have look at Silver, lead and Zinc, these need some catching up and they're starting to do that at present.
stop loss, page-3
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 (20min delay)
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Last
96.0¢ |
Change
-0.010(1.03%) |
Mkt cap ! $90.19M | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | 98.0¢ | 91.5¢ | $53.41K | 55.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2597 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 5585 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ABY (ASX) Chart |