COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 14 FEB TO 18 FEB 2022

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 14 FEB TO 18 FEB 2022

by admin- Saturday, February 12th, 2022 08:51:18 AM

COPPER RANGE 740/795
SENTIMENT RISKY RANGE BOUND MILD POSITIVE

LEVEL 1 – BUY COPPER FEB ABOVE 770 TGTS 774/79 SL 767 RES 780 THEN 795
LEVEL 2 – SELL COPPER BELOW 767 TGTS 763/58 SL 770 SUP 755 THEN 740

NICKEL RANGE 1710/1830
SENTIMENT BOUND TO POSITIVE VOLATILITY

LEVEL 1 – BUY NICKEL FEB ABOVE 1770 TGTS 1780/95 SL 1765 RES 1800 IF BREAKS SUSTAINS THEN 1830
LEVEL 2 – SELL NICKEL BELOW 1760 TGTS 1750/35 SL 1765 IMP 1ST SUP 1735 IF SAVES REVERSE ELSE 1710 SL 1707

ZINC RANGE 288/310
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC FEB ABOVE 306 TGTS 308/10 SL 295.40 RES 312 BREAKING SUSTAIN UP 316
LEVEL 2 – SELL ZINC BELOW 305 TGTS 304/02 SL 305.60 SUPPORT 300 IMP 1ST THEN 295 REVERSE SL 294.40 RISKY

LEAD RANGE 178/193
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY FEB ABOVE 185 TGTS 186/88 SL 184.40 IF BREAKS 188 THEN 191 RES REVERSE SL 191.60
LEVEL 2 – SELL LEAD BELOW 184.50 TGTS 183.50/82 SL 185.10 SUP 181 1ST REVERSE THEN 178 SL 177.50 REVERSE

ALUMIN RANGE 246/263
RANGE BOUND TO UPPER TEST

LEVEL 1 – BUY FEB ABOVE ALUMIN 255 TGTS 257/60 SL 254
LEVEL 2 – SELL ALUMIN BELOW 254 TGTS 252/49 SL 255 ON DROP BUY 247 WITH SL BELOW 246.40

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