Yabor City, Fla., has always captivated me.
This historic neighborhood in Tampa is Cuba meets the "Deep South."
It has the energy of Cuban music mingled with laid-back southern charms.
I got to know the area well back in my days as a chemical engineer with DuPont after making dozens of trips out to two prospective water desalination projects nearby. You know you spend too much time in a place when the Airport Marriott staff knows you by name…
100 years ago, this "city within a city" was the cigar capital of the world, producing 500 million cigars a year – even more than Havana did at the time.
Even though the area has seen some hard times since the demise of the cigar industry, it still emits an energetic vibe that attracts thousands of visitors each year.
Just like the Cuban/southern fusion that first drew me to Yabor City, two worlds have started to collide for this mining stock – fundamental and technical.
And today we're going to take a look at how this unique intersection creates a profit sweet spot for our favorite "red metal" play…
Fundamentals Point to "Yes"
Copper is one of the most versatile materials on earth.
However, like most commodities, this illustrious "red metal" had a long-term down cycle from its peak in early 2011 as we can see in the chart:
When we originally recommended this Canadian-based miner, we did so in hopes that it would be a direct beneficiary of the uptick in demand for copper during the hurricane restoration efforts in areas like Texas and Florida.
But we also mentioned that 10-Minute Millionaires should keep an eye on China as well.
About the Author
D.R. Barton, Jr., Technical Trading Specialist for Money Map Press, is a world-renowned authority on technical trading with 25 years of experience. He spent the first part of his career as a chemical engineer with DuPont. During this time, he researched and developed the trading secrets that led to his first successful research service. Thanks to the wealth he was able to create for himself and his followers, D.R. retired early to pursue his passion for investing and showing fellow investors how to build toward financial freedom.