COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 21 FEB TO 25 FEB 2022

COPPER,LEAD,ZINC,NICKEL,ALUMINUM,BRASS WEEKLY TARGETS FOR 21 FEB TO 25 FEB 2022

by admin- Saturday, February 19th, 2022 09:42:01 AM

COPPER RANGE 740/795
SENTIMENT RISKY RANGE BOUND MILD POSITIVE

LEVEL 1 – BUY COPPER MAR 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 1755/1885
SENTIMENT BOUND TO POSITIVE VOLATILITY

LEVEL 1 – BUY NICKEL MAR ABOVE 1820 TGTS 1830/45 SL 1815 RES 1850 IF BREAKS SUSTAINS THEN 1885
LEVEL 2 – SELL NICKEL BELOW 1815 TGTS 1805/1790 SL 1820 IMP 1ST SUP 1790 IF SAVES REVERSE ELSE 1755 SL 1752

ZINC RANGE 288/310
RANGE BOUND TO RECOVERY

LEVEL 1 – BUY ZINC MAR ABOVE 297 TGTS 298/300 SL 296.40 RES 303 BREAKING SUSTAIN UP 307
LEVEL 2 – SELL ZINC BELOW 296 TGTS 295/93 SL 296.60 SUPPORT 292 IMP 1ST THEN 288 REVERSE SL 287.40 RISKY

LEAD RANGE 179/192
STEADY TRADES EXPECTED

LEVEL 1 – BUY LEAD RISKY MAR ABOVE 186 TGTS 187/89 SL 185.40 IF BREAKS 189 THEN 192 RES REVERSE SL 192.60
LEVEL 2 – SELL LEAD BELOW 185.50 TGTS 184.50/83 SL 186.10 SUP 182 1ST REVERSE THEN 179 SL 178.50 REVERSE

ALUMIN RANGE 252/270
RANGE BOUND TO UPPER TEST

LEVEL 1 – BUY MAR ABOVE ALUMIN 262 TGTS 264/67 SL 261
LEVEL 2 – SELL ALUMIN BELOW 261 TGTS 259/56 SL 262 ON DROP BUY 252 WITH SL BELOW 251.40

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