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Title : Copper moves
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Copper moves

A literal afterthought about five minutes before closing the edition, in the conclusion points of last weekend's IKN Weekly, IKN529, your humble scribe wrote, "About time copper got off its tush and rallied, no?". A copper chart:

I took my cue from the uranium fanboys; call "gonna fly any moment" enough times and one of them turns out to be right (even if you have to wait eight years, eh guys?). Anyway, TA sez there is resistance right here at U$2.80/lb, then every five cents step up to U$3.00/lb. If it gets that far, blue sky.

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