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COMEX Copper - Poised to rally big time this year!

As shown on the monthly chart of Comex Copper, the price was consolidating in the form of a symmetrical triangle since year 2006. The consolidation looks mature now and breakout of the same could lead to massive rally in copper prices. The pattern breakout confirmation is above $3.00. Usually, in commodities, triangle breakouts are followed by parabolic rise in asset prices.  Immediate upside target is $4.05.

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Ajay Jawahar Baheti, proprietor of AB Investments is an investment advisor, an anyalist, a broker and a treading coach. He brings with himself more than 8 years of work expeerience as a research analyst.


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