Antofagasta

Looks like this is finding its bottom... The Previous support, which turned resistance at at around 859p is currently breached, but it is early days!




Cautious long on 17/07 at 835.5, but will look to add.

Good luck all.

(addicted to miners!)

Looking at this again...

It appears to be bottoming out (never certain in this economic climate with so many Central Banks pulling the strings!).

Happy to add and hold on support:

Daily:




Weekly:




Goodluck all, and "DYOR"

p.s. Need to diversify away from the miners!

Libero,

I really hope I'm wrong.....

Cheers Diver.

Looks like a frightening prospect if it drops to the 650 area - well unless you short it that is

This is one of the equities that hold the actual shares in, rather than a derivative interest - so whilst content with holding them for the long term and divis, I may well consider a short hedge if it breaks through support (and if Copper continues to slide - down 1.5% so far).

Money management eh, who needs it!

I would advise caution here....650 a distinct possibility; and possibly sub-600.

This is looking like it is going to hit its support at the 860 mark...

Notice the RSI & Stochastics on the daily:




The weekly view's support is ok-ish also, and the RSI looking to hit oversold should it play out to 860 over the next couple of sessions:





As ever, always looking for input from CV patrons!