Wednesday, December 11, 2019

Copper : Technical View : 11.12.2019

Copper : Technical View : 11.12.2019

Join Whatsapp 9841986753 
Whatsapp Number : 91-9094047040 / 91-9841986753


On the daily chart, the price has gained 0.03% during the last session.

Moreover, the price has shifted above the horizontal trend line, which confirms bullish strength in the counter.

Furthermore, the price has shifted above the 50*20 day's SMA, which indicates control in the hands of the bulls.

On the other hand, momentum indicator RSI(14) has been moving above the level 50, which may indicate bullish indication.

As per the above technical structure; we expect bullish move in the counter. Copper D