Copper Mining Stocks
January 25, 2024
The copper stocks are rebounding after four weeks of selling lower, and if they close the week right here or higher, will give a buy signal. Let’s see what Friday afternoon brings, being a strong close would get me to buy them Monday morning. There is also junior copper mining etf COPJ, that I will look at, but this signal applies to COPX.
Additionally, the base metals etf DBB has had a solid enough week to put it back up over all its weekly moving averages, so maybe they ending their year long consolidations after a large pullback?
