Kimble Charting Solutions: Copper Testing Its 18-Year Up-Trend Line

Kimble shows in the chart below that copper is back testing recent lows that were supported by a long-term rising up-trend line. Some of the copper stocks have been more buoyant lately, so it seems possible that this trend-line test will hold and the price of copper will bounce higher. Of course, if support does not hold at the trend-line, much lower prices are likely in store.

Here is Kimble’s copper article. Click HERE