Results 1 to 3 of 3

Copper Analysis 2012-04-19

| General - Let's talk business
  1. 04-19-2012, 05:24 PM #1
    jbravo54
    jbravo54 is offline
    jbravo54 started this thread.
    SMF Badges of Honor
    Member since
    Jan 2012
    Location
    NJ
    Posts
    157
    Thanks
    55
    Thanked 146 Times in 63 Posts

    Copper Analysis 2012-04-19



    At any given time the price of anything can go in 1 of 3 directions, UP, DOWN or SIDEWAYS.



    Copper has found an area of support at 3.60. If this area of support holds strong, then we may get another chance at making new highs. if she breaks this support, the next area of support would be at 3.25.

    Lesson: I am sure not many here are used to looking at charts so here is a lesson for the followers. This is a daily chart, which means each candle or bar represents one day of activity. The Red bars mean that the price closed lower than it opened, and the opposite is true for black and white ones. This chart has daily bars that goes back to October, thus there is 6 months worth of data.
    "Easy does it, first things first, do what you can. Believe me, I too have been through the wringer." Bill W.
    Register to reply. Register To Reply

  2. The Following 9 Users say Thank You for This Post by jbravo54:

    BurlyGuys, Dunemaul, Hypoman, KzScrapper, Mechanic688, numbers, Russell, RustyDollars, ScrapperNJ26
  3. 04-19-2012, 05:24 PM

  4. 04-19-2012, 10:43 PM #2
    ScrapYaHerd
    ScrapYaHerd is offline Power cord power ranger
    SMF Badges of Honor
    Member since
    Jan 2012
    Location
    Central Florida
    Posts
    629
    Thanks
    117
    Thanked 211 Times in 144 Posts
    If you ask me it's not looking good as of now, it is below the 50 and 200 day, you are right that it has found support, but it is trending downwards...Hard to call the bottom right now I'm def not going to hold onto my coppper.
  5. 04-20-2012, 05:46 AM #3
    Ir0nman1
    Ir0nman1 is offline
    SMF Badges of Honor
    Member since
    Aug 2011
    Location
    Nc/Fla.
    Posts
    64
    Thanks
    0
    Thanked 11 Times in 11 Posts
    Selling what I got worked up this morning.
    Register to reply. Register To Reply

    6. Similar threads on the Scrap Metal Forum

    1. Copper Analysis 2012-12-01
      By jbravo54 in forum General - Let's talk business
      Replies: 3
      Last Post: 12-02-2012, 01:58 AM
    2. Copper Analysis 2012-08-23
      By jbravo54 in forum General - Let's talk business
      Replies: 3
      Last Post: 09-07-2012, 12:35 PM
    3. Copper Analysis 2012-07-21
      By jbravo54 in forum General - Let's talk business
      Replies: 1
      Last Post: 07-27-2012, 05:52 AM
    4. Copper Analysis 2012-05-17
      By jbravo54 in forum General - Let's talk business
      Replies: 4
      Last Post: 05-18-2012, 12:16 AM
    5. Copper Analysis 2012-04-26
      By jbravo54 in forum General - Let's talk business
      Replies: 12
      Last Post: 04-27-2012, 01:26 AM

« Scrap Alkaline/Lithium Batteries, Looking for buyer/price in DFW | Canadian E watse buyer coming soon »

Thread Information

Users Browsing this Thread

There are currently 2 users browsing this thread. (0 members and 2 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.




OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules


The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF Recommended Links

SMF on Facebook and Twitter

Twitter Facebook