Tin Industry Co., Ltd. (000960) stated on the interactive platform on June 9 that the company has obtained the quota quota for the total amount of tungsten ore (65% tungsten trioxide) mining in 2025 by the Yunnan Provincial Department of Natural Resources.
Nonferrous metals bottomed out and the 5-day line was fished out yesterday, and then a small positive line rebounded, and even more violently, it directly hit a May high! This breakthrough signal is simply not too obvious! Does it feel like a master who holds his ultimate move, and finally can't hold it in and exert force? What about today? The narrow range of fluctuations was stable! Don’t look at it’s not moving, I think this is not an adjustment signal at all. It’s more like running two steps. I’m tired, so I’ll take a rest! Compared with the two consecutive days of increase, how can this be considered an adjustment? At most, it's an intermission break!
The current non-ferrous metals are so stable that people want to applaud! The moving average below spreads upwards, like an open umbrella, and together with the May box, it gives you a double layer of protection! This support is amazing! Even if it really pulls back one day, it is not a bad thing. More funds will think this is a good opportunity to reverse the car and pick up people! Think about it, how many people are waiting to buy at the bottom?
But! The key point is here! The rise of non-ferrous metals this time is a bit slower than riding on the Rockets, but they are stable! It is not the kind of crazy market that is rising sharply, but it is more like a rising while washing, making you rise unknowingly while hesitating. We said yesterday that the rebound target is the high point that hit on March 26! Now it's still a little distance away from there, and it probably has to rise a little more. Moreover, the selling pressure of the trapped plate is not large, just like a group of hesitant audiences, who are not ready to run away together!
So, I think non-ferrous metals can still be bullish in this wave! Which sectors that have strengthened recently have not made a fortune in the market? The attention is not high, but not many people are watching it, and the price is quiet but steady. But don’t think that there is no chance in this direction just because it is rising slowly! This is not a chance, it is obviously a slow work and meticulous work!
——After reading it, the funds make a lot of money! ——
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