First Quantum Minerals Ready to Break out to all time highs?
First Quantum made all time highs back in around March 2011.
If it breaks through it's long term trend resistance line, it could be making all time highs again in 2021. Economic backdrop is setup for minerals. If it doesn't break through this resistance line soon, not sure what will make it break through, aside from a massive mineral find.
For trading, this isn't the spot to buy in, but, it's definitely a spot to watch. However, f you owned it earlier, I would hold.
If it breaks through it's long term trend resistance line, it could be making all time highs again in 2021. Economic backdrop is setup for minerals. If it doesn't break through this resistance line soon, not sure what will make it break through, aside from a massive mineral find.
For trading, this isn't the spot to buy in, but, it's definitely a spot to watch. However, f you owned it earlier, I would hold.