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Green Power - All Aboard?

From stockcharts.com

Copper is the most important metal in the greening of our energy sources. Lately, the commodity has pulled back, but the copper stocks got smoked. So the real question is: Is this a bull flag, or is it the end of the run for a while? Copper popped on Friday as the Biden administration said they would not approve the big copper mine in Southeast Arizona. Copper's price has also been impaired by the Chinese government creating strategic reserves of metals like Copper. When the price of the metal gets too high, as decided by the government, they release copper into the market to slow/reverse the price back down and ... (full story)

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  • Category: Technical Analysis