Updated
ASX - OZL
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.