The Global X Copper Miners ETF (COPX) has shown a strong bullish trend in the short term, breaking through its rising trendline. This suggests continued upward momentum, with potential for further gains. Key support levels are identified at $91.98, with resistance at $94.23 and a longer-term target near $105.80. The ETF's recent performance, including a 'strong buy' signal from technical indicators, supports a bullish outlook. However, the high daily volatility and RSI14 reading of 86 indicate a high-risk profile, necessitating a tight stop-loss at $89.84 to mitigate potential downside.