Good chance DML turns around today, although the gap down yesterday (Tues)morning is worrying.
If it does, it'll be a V shaped reversal, rather than off a base, not that that's anything to worry about.
I come to this conclusion partly because yesterday's close was at the day's trading midpoint, unlike the previous 6 days, which closed either on the days' lows, or virtually.
Also copper moved up (a bit, again) overnight...and lastly, this price, for a producing CU mine with a future, is starting to look seriously ridiculous.
Still, it's always good to wait for evidence of trend change, as those momentum guys say.
Add to My Watchlist
What is My Watchlist?