Copper Futures (Jul 2021)
לונג

copper premarket. probably getting too specific.

82
I think copper will continue to rise. Copper is a useful metal for lots of electronic devices.

Point of control might act as a magnet to draw price higher.

In march through april copper was at a decision point, and markets decided it was in high demand. I would be surprised if price went back lower through that heavily traded range. If I was ordering copper for a large company I would probably feel like I'm getting a relatively good deal and/or a good deal may be running away from me if I don't act with haste.

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