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Boliden: Time to short the Bear Bounce?
BOLIDEN AB
Short
Boliden: Time to short the Bear Bounce?
By GreenBkk
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Aug 27, 2022
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Aug 27, 2022
Here, I am thinking that both Boliden and copper could potentially top out of their bear bounce. And possibly come back below the trendline.
There is a divergence between RSI and other indicators, which suggests that the 4-hour top is becoming more likely.
In addition, the current macroeconomic conditions are worse than usual, and generally speaking, September and October tend not to be optimal months.
COPPER1!
BOLIDEN
Technical Indicators
rsi_divergence
Trend Lines
GreenBkk
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