Tin - The ugly duckling metal with huge swan potentialGoldybug has started taking interest in industrial commodities due to lacklustre stock potential in the UK and a seemlingly overstretched and overconcentrated market in US. Whilst reviewing industrial metals Copper, Lead, etc. an opportunity with Tin got the old antenae twitching.
Tech indicators such as BB and MRC point to a potential short term dip in Tin price. However, geopoliticals and demand-supply issues point to huge upside potential gains this year if one enters at the right point.
At the right time, Goldybug will be placing long into an ETC such as TINM although he cannot endorse this product and would advise reading the associated documentation of any ETF/ETC product before buying into it.
Good Luck if you get into Tin, do your own research to back any opinions here and don't place more than you can easily afford to lose.
Goldybug
xxx
LRS1! trade ideas
Tin's Most Excellent AdventureTin offered several quite bullish PnF setups during its ascent,
one right from the start.
Vertical measures provided some insights into
areas to be reached.
There's always a bull market somewhere! :o)
Hope this provides some insights for the PnF 'ers among us.
Comments welcome.
Note: not all buys/sells noted.