Showing posts with label Copper. Show all posts
Showing posts with label Copper. Show all posts

Tuesday, June 2, 2009

Taseko Mines Ltd. (TGB)

TGB Daily Chart

TGB broke out of a triangle formation. Bought TGB for copper play.

Copper Play

Copper Daily Chart

Copper has broken out from the symmetrical triangle formation. There are a few ways for you to invest/speculate in copper:
  1. Physical copper: JJC is a copper ETN
  2. Copper mine: PCU and TGB
  3. Copper industry: SLT and WIRE
Of this 5 stocks, I see that only JJC, PCU and TGB provides a good risk/reward entry.

Disclosure: I'm long in PCU call options.

Wednesday, May 6, 2009

Southern Copper Corp. (PCU)

PCU Weekly Chart

PCU should hit the downtrend line. Bought 2009 Sep Call.

Wednesday, May 21, 2008

Sterlite (SLT)

Sterlite Weekly Chart

Gave me a buy signal last week. Hold up pretty well today. I bought a call for this stock.