I just sold my CUU trade for almost 40%. I had accumulated 100K when it started to push 11 cents last week as that was my signal another spike might be coming. It is shocking how predictable this has been over the past few years. I'm happy to miss a run up further, but the 200 dma is a serious resistance now.
Lots of great movement in metals and especially miners. HBM has been amazing, over 50% in a few days, and MIN is moving too, it would seem. Expecting feasibility soon so perhaps this is related, or just sympathetic to the market and copper shooting up.
IVN is still setting new highs (3 year yesterday). Lots of movement in the mid-tiers like CS and CUM.
I sold out of NCA when it broke resistance at $1 a few weeks ago. It was hard not to buy in when it rebounded, but I held my ground and the thesis has held, with it setting lower highs and now sliding down to 80 cents and lower. Don't know when to re-buy, but I'm happy on the side with that. My money did well in HBM instead.
Building a position again in FEO, liking the prospects going forward. Great project, management and macro picture.
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