I have traded this both successfully and unsuccessfully in the past. It just looks oversold, it could be bottoming soon.
There is a larger uptrend that hopefully resumes soon.
Bought today 6.13, stop at 6 to give it wiggle room.
There is a larger uptrend that hopefully resumes soon.
Bought today 6.13, stop at 6 to give it wiggle room.
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Feels like the slugging economy is dragging industrial metals down.