financetom
Technology
financetom
/
Technology
/
Copper price begins to hit the targets – Forecast today – 15-5-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Copper price begins to hit the targets – Forecast today – 15-5-2024
May 14, 2024 11:36 PM

Copper Price Analysis Expected Scenario The Copper price confirmed keeping the bullish scenario by moving away from 4.7500$ level, which forms the major support line, to notice surpassing the historical high and recording 5.0700$. Now, the continuous positive momentum coming by the major indicators will increase the efficiency of the bullish track, to expect targeting the first additional target at 5.1600$, which surpassing it will open the way to form strong bullish waves that might target 5.5800$ level in the upcoming period. Expected Trading Range Between 4.8800$ support and 5.1600$ resistance.

Trend Forecast: Bullish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
What Analysts Are Saying About Jabil Stock
What Analysts Are Saying About Jabil Stock
Dec 4, 2024
5 analysts have expressed a variety of opinions on Jabil ( JBL ) over the past quarter, offering a diverse set of opinions from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4...
Market Whales and Their Recent Bets on INTC Options
Market Whales and Their Recent Bets on INTC Options
Dec 4, 2024
Deep-pocketed investors have adopted a bullish approach towards Intel ( INTC ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in INTC usually suggests something big is about to happen. We gleaned this information from...
GitLab's Earnings: A Preview
GitLab's Earnings: A Preview
Dec 4, 2024
GitLab ( GTLB ) is preparing to release its quarterly earnings on Thursday, 2024-12-05. Here's a brief overview of what investors should keep in mind before the announcement. Analysts expect GitLab ( GTLB ) to report an earnings per share (EPS) of $0.15. The announcement from GitLab ( GTLB ) is eagerly anticipated, with investors seeking news of surpassing estimates...
Check Out What Whales Are Doing With IBM
Check Out What Whales Are Doing With IBM
Dec 4, 2024
Investors with significant funds have taken a bearish position in IBM ( IBM ) , a development that retail traders should be aware of. This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in IBM ( IBM )...
Copyright 2023-2025 - www.financetom.com All Rights Reserved