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Copper Could Be Heading For Support

Copper Could Be Heading For Support

April 18, 2017

The strike at Escondida ended in March and the disagreement between workers and management is likely to continue for the next year and one-half. In my latest work for Seeking Alpha, I point out that stocks have declined on the LME but the copper price is not edging higher this time which is a worrying sign that the red metal could be on its way to retest support at the November breakout level which is more than 20 cents below the current market price.

Article: Copper Could Be Heading For Support  

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