ASX - OZL
Updated
Mid tier Copper producer.
Looking beyond the big boys, RIO and BHP, Oz Minerals has a bright runway.
a 50-61% pullback onto the weekly 200MA, took a starter tranche today.
Dr Copper is speaking and a possible recession may be looming, but happy to accululate some at these prices. Would love to see the $11 mark hit as you can see there is some strong long term support at these levels which would be another great entry point for a long term hold.
Looking beyond the big boys, RIO and BHP, Oz Minerals has a bright runway.
a 50-61% pullback onto the weekly 200MA, took a starter tranche today.
Dr Copper is speaking and a possible recession may be looming, but happy to accululate some at these prices. Would love to see the $11 mark hit as you can see there is some strong long term support at these levels which would be another great entry point for a long term hold.
Note
Took 33% off the table after a 30% run up from PP.Note
closed the investment on the slowing global economy thesis.
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