Trump’s copper tariff plan may disrupt U.S. supply chains
Potential Impact of Copper Tariffs: A proposed 50% duty on processed copper starting August 1 could significantly increase costs for U.S. manufacturers, particularly affecting competitiveness and reliance on foreign supplies, especially from Chile and Canada.
Industry Concerns and Responses: Analysts warn that the tariffs may lead to reduced consumption in the short term as U.S. purchasers rely on existing inventories, while both Chilean and Canadian officials are seeking exemptions and opposing the measures due to potential harm to their economies and international trade agreements.
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Technical Analysis for ALICE
Technical Sentiment Analysis for MyNeighborAlice (ALICE) As of , MyNeighborAlice (ALICE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ALICE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ALICE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
MyNeighborAlice (ALICE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0481 | 0.0752 | 0.102 | 0.129 | 0.156 | 0.183 | 0.21 |
| Fibonacci | 0.0752 | 0.0958 | 0.109 | 0.129 | 0.15 | 0.163 | 0.183 |
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