CHILEAN COPPER MINER - ANTOFAGASTA - SETS UP FOR BUY
This massive Copper-Miner, Antofagasta presented in a scan and I could see the huge demand side from a couple of years ago and upwards sloping chart from left to right. Then all of a sudden 'bam' and the healthy demand side turns to supply and selling.
But in the past month or 2, buying has reem
ANTO - 33 months HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
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ANTO Short IdeaTypical head and shoulders pattern. Looking to sell once the neckline is broken and closed below. Confirmation on the following day when low of breakdown bar is broken. Profit 1 10.35 and move stop loss to break even. Profit 2 8.75.
If overall market continues to fall it may be worth holding a smal
ANTO Long Tunnel IdeaANTO is in an uptrend in both weekly and monthly time frames. It has held its structure through the recent market volatility and is in a strong sector.
It has just bounced off the lower trend line and come from an oversold position.
I have taken a small position and am aiming for the top trendline
ANTO (UKX) - EW analysis - 5th wave upANTO (UKX) - It is in strong up trend and impulse cycle since Covid low. It seems in final move up as 5th of 5th wave up (or may be 3rd extended wave up). So as far as price holds above 1397, it is a bull case set up for target above 1625 or even higher level.
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Antofagasta PLC UK Potential Short Set Up if?
LSE:ANTO
03 February 21
Antofagasta PLC UK
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Current Weekly Demand Level is
Holding & price could Potentially
continue to move higher form here.
However If ?
a weekly Close Below 1389
Price Could Potentially fall to the,
Next Level of Weekly Demand,
around 1165 to
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.