Aug. 4 at 3:08 AM
Southern Copper Corporation
$SCCO $185.35 (8hr)
Bullish Flow: Heavy volume profile support backing a robust demand test as buyers step in with strong accumulation off multi-week lows alongside aggressive call sweeps hitting the Ask. 🐂 💧
Bull Key Level:
$195.00 (Bull confirmation to break local downtrend resistance and trigger trend reversal) 🐂 🔥
Bear Key Level:
$132.38 (Key structural support floor and multi-week demand level to defend) 🐻 ⚠️
Targets:
$210.00 /
$223.10 💰 🍻
Why: Technical structure highlights a clean stabilization and tightening base following the prior correction on the 8h timeframe. Sustained acceptance above immediate value zones opens the door for a measured rotation toward upper distribution bands.
#scco | #southerncopper | #optionsflow | #stocktrading | #hovdid
