COPP: Copper Backwardation Meets A Pullback Toward Its 200-Day Average (NASDAQ:COPP)
· seekingalpha.com
Sprott Copper Miners ETF benefits from a tight copper market, projected deficits, and supply constraints. Tariffs, Fed policy and liquidity are wildcards. I rate COPP ETF a buy.
The trading idea is to accumulate the pullback in the Sprott Copper Miners ETF ( COPP ) in multiple tranches near its 200-period moving average (which, on a dai...