SNM2024 trade ideas
Tinplate - Catching up to Tin pricesWith Tin prices up closet o 60%++ since the beginning of the year. Tinplate is only about about 34%.
With a good result and no sign of cooling down of this metal thus far, Tinplace could play catchup.
Long at CMP with a stop below 235.
Expect a good move going forward as long as the underelying metal price doesn't correct.
First target 262 and if it can break above that then expect momentum to take over.
