Long
Will Lundin Mining come in with a new Bid
Spent the whole of last week getting into a small position around average 2,7. Surprised to see the share price jump to 3.5 this week and stop me out. Looking for a re-entry place and thinking the price will move higher from the 3.25-3,02 area, closing the window and using it as support. Of course if it hangs around this price 3,4 - 3,6 i will have to reevaluate.
Note
Hit 3.06 briefly today in a rocky market due to fears about Italy. Copper as also stabilized and looking for some good figures to move higher. If inflation does start to rear its head or the FED decide not to raise rates, this could be good. I am a buyer at the price 3,25.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.