Copper Snaps a 3 Day Up Streak

The Hourly View for Copper

  • At the time of this writing, HG1’s price is up $0.01 (0.28%) from the hour prior.
  • The hourly chart shows that Copper has seen 2 straight up hours.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
  • Regarding moving averages, it should first be noted that price has crossed the 50 hour moving average, resulting in them so that price is now turning above it. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Copper’s hourly price chart is shown below.

HG1

The Daily View for Copper

  • Currently, HG1’s price is down $-0.03 (-0.68%) from the day prior.
  • This move is a reversal from the day prior, which saw price move up.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Below is a daily price chart of Copper.

HG1

Featured Copper Idea From TradingView

Below is a trading comment entitled Sell more so we can get this over with plz you may find interesting:

there’s a ton of other pricey tickers to snipe; I think this name actually is in a good spot considering it’s prior 2 earnings. DIA can sell off all it wants and this can still rally. Have no reason to dump my retirement shares, I’ll wait for it to make money and coll…

moveforward01