The price has been around this long term trend line on several occasions, so do NOT presume that it will breakout this time. This is just a heads up to watch the price action & see if it yields a trade in the near future.
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Abandoned as trading opportunity did not materialise
Is it time to revisit this stock? Copper prices forecasted to rise significantly.
Wiz_of_Oz
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@sisu88, Price has not broken above the trend line & the $5.40 zone (which is previous support) serves as resistance. IMHO Wait for a upward breach of that zone with a retest before you commit to any action.