2026-06-03 Southern Copper Corporation
I exited the position at a stop loss after the stock broke below yesterday’s low. This trade reminded me that when investing in mining stocks, it’s important to keep a close eye on commodity prices, especially when they are near resistance. A stock may break out technically, but if the commodity price starts to decline, […]
2026-06-02 Southern Copper Coporation
The stock broke above a key resistance level, so I bought in. However, volume did not increase to confirm the breakout. Positives Price is above the 10, 20, 50, and 200 moving averages The MACD increased strength The stock breakout above key resistance Negatives Volume did not increase when breakout key resistance Trade Plan Stop […]