$COPX Subscriber Chart Request (Want your favorite ticker charted? Become a member at https://t.co/DPsk9vzJGc and enjoy unlimited technical chart requests). $COPX broke out of its symmetrical triangle on August 21 and is now going through the retest, a very common price-action sequence following a consolidation-pattern breakout. So far, former resistance is holding as new support, but the daily MACD crossed below its signal line several sessions ago and we have yet to see a bullish pivot-low reversal confirm the retest. This tells us buyers are defending the breakout level, but they have not yet demonstrated enough momentum to confirm a higher low and potential continuation higher. On the weekly timeframe, we see a similar structure: price broke descending resistance during the week of August 17 and is now pulling back to retest the breakout with back-to-back bearish continuation candles. The bigger challenge is the clear horizontal and psychological resistance around $100. Until that level is cleared, patience is warranted for new weekly entries, as buying directly below major resistance offers an unattractive risk/reward profile. For traders already long, or subscribers who took our $78 long-entry alert shared in the post below, a close below roughly $88, where former descending resistance should act as new support, would suggest the breakout is losing structure and could provide a logical area to tighten stops, trim and trail while protecting profits. $FCX $SCCO $TECK $HBM $ERO $LUN $BHP $RIO $GLNCY $ANTO $IVN $TGB