Please refer to previous article (part 1) for better understanding...
https://klse.i3investor.com/blogs/glorystocks/127989.jsp
Copper price is on the rise
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I have already told u yesterday.
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At the time of writing today, Copper price added +1.3% from USD2.691 at the time of writing yesterday to USD2.727.
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U can check realtime price here, https://www.investing.com/commodities/copper
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Fundamentally support on gangbusters China growth. Refer to link link below!
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http://www.mining.com/copper-price-jumps-gangbusters-china-growth/
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It is about to make new high for the year. It is on the move to test last high of USD2.886 back in early 2015.
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This indicates a very positive sign. Bullish is bossing the territory now.
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JAG will definitely benefit from the rally of copper price, apart from booming semiconductor industry!
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I
am still stick to my CONSERVATIVE TP of 21-23sen. It might go higher
than this but then it is yours! I suspect could be at major resistance
of 25sen!
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Should copper price drop back, as long as it maintains above USD2.50, my TP of 21-23sen remains intact.
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Should copper price climb above 2.886 to USD3.00, JAG price might skyrocket to 30-40sen.
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Share price is still flat, but it could fly anytime once 14sen taken up!!!
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I think someone accumulating at 13.5sen before cooking up towards my TPs and might be higher than that.
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Decision is in your hands! See u guys at my TPs!
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For its WA, I expect 12sen TP based on mother of 21-23sen TP!
