Which ASX Listed Copper Producer to Analyse ?

I have covered both stocks (OZL & SFR)  in the past. In the case with OZL, I consider it to be in a MAJOR BULL RUN and currently in a PULLBACK MODE. In the case with SFR, it is yet to follow suit. What is interesting with SFR is the potential INVERSE HEAD & SHOULDERS BASING/ACCUMULATION PATTERN in the making, yet to be completed. Neckline is in the zone of $6.70 and a BREAKOUT  above that level is required to complete the pattern. Yesterday (15/09/2016), SFR in Daily TF  gave us a CLOSING PRICE REVERSAL where a BULLISH PIVOT POINT may follow suit in the next few sessions. A potential successful retest of  the major zone of support in other words may be unfolding. Should this be the case ( a successful retest), retest of the neckline in the zone of $6.70 may well be on the horizon and perhaps the completion of the pattern.

Disclosure : Both OZL and SFR held.

SFR Weekly Chart below.

sfrweekly15092016

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