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The copper short squeeze is happening - Morgan Stanley
Since the March low, it’s been nearly a straight line up to record highs on the London Metals Exchange (LME) and the COMEX exchange in the USA. Aussie copper stocks have followed, with many sporting 30-40% gains this year. chart Regardless of whether you were first to the copper party, or you’re only just thinking about getting involved today, the big question is how much further does copper have to run? With respect to the technicals, make sure you stay tuned to ChartWatch in the Evening Wrap where I provide regular updates. As for the fundamentals, a research report released yesterday by Morgan Stanley has ... (full story)