Trend:
Strong uptrend intact. Price recently gave a fresh breakout and is now showing a healthy retest behavior after a sharp vertical move.
Support & Resistance:
Immediate Support: 655–660 (retest zone)
Major Support: 575–580
Resistance / Supply: 714–720
Expected Move:
If price holds above the retest zone, continuation toward the 720+ zone is possible. Failure to hold 655 may lead to short-term consolidation.
Short Fundamentals Summary:
Market leader in zinc production with strong cash flows, healthy margins, and dividend strength. Commodity cycle support remains favorable.
Final Verdict:
Bullish structure with retest in progress. Trend remains positive as long as price holds above the retest support.