One of the securities we highlighted in our Flight Path newsletter this week (Flight Path comes out pre-market every Monday), was Copper Mountain Mining Corp.
We noted that the relative trend in base metals was strong, and $CMMC is focused on copper mining operations in Canada. It has been in a long “Go” trend and has provided several opportunities to enter by way of the green low risk entry icons.
We have seen price rally sharply toward the end of this week and it appears to have broken out of the consolidation pattern. Once again, with the GoNoGo Oscillator rallying off zero we have a low risk entry icon under price as it tries to set a new high.
By
Alex Cole
