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vssebuyungo

Copper ETF Set to move

Long
Global X Copper Miners ETF (AMEX:COPX)  
vssebuyungo Updated   
AMEX:COPX   Global X Copper Miners ETF
Trend Analysis
1
0
trendanalysis
Consolidation (Zigzag) looks done.

Good to Long

Goal is about 3R (4.5ATR(21EMA)). Risk is about 1.5ATR

Risk management is the most important.
Comment:
- Zigzag Elliot wave pattern is done
- Divergence on 4D chart with Lower Volume
- Risk about 1.5ATR and aim to ride up to 4.5ATR
- Good Long
- You can enter the strongest stock in sector instead of this ETF, I dont like the stocks because they have poor earnings
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