Copper will be the beneficiary of a lot of Tech growth and this ETF which concentrates on copper miners globally has had a massive run up in the past 6 months.
It's taken a breather since peaking in May 2024 but I think now shows a great risk/reward setup:
Buy this week, at under $14 Stop Loss $13 Take Profit (if you want) at $15.65 or higher This is a 3:1 reward to risk ratio.
I'l. be buying over the next few days.
Trade size numbers: Product WIRE Direction Long Average Entry Price $14.00 Stop Loss $13.00 Loss Potential -$1.00 Qty (units) 2000 Value -AUD2000 Exch Rate 0.950 NZD RISKED -$2,105 Trade Value $29,474
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