Quadra Mining (QUA:TO)

Quadra Mining is a copper miner with 80% Copper, 20% Gold. This is a very interesting play fundamentally. But more importantly, the stock chart has great technicals. It appears to be in a strong upward trend.



Note from the chart that it is in a strong upward trend. The stock will likely trade within the red lines. We have approached the bottom side of the red channel and will likely see a move towards the upper end in the short term. This likely means a short move towards 12.50 or 13.00 is to be expected.

Also, see the pink lines that show strong levels of support. Near the 8 dollar mark there is a great deal of support. Also, lately, there has been strong support at the 11.00 to 11.25 mark. The stock will probably consolidate here before its next move up.

Keep an eye on this one, its likely to make good money in the short term as copper prices reach new highs as well.