Possible loss of momentum on copper

So far this year, the price of copper has kept a very good bullish trend and is getting ready to close the year in a positive note. However, during the last few months of 2017, the price of copper has been consolidating around the 288.85 level as support and the 325.86 level as resistance. The 55 day EMA has also acted as a very good support or resistance zone. Lately, the price of copper has broken above the 55 day EMA and the 306.00 level, but the daily candles are showing us that the bullish momentum may be weakening and we could have a bearish retracement. The stochastics indicator is in the overbought zone and that could also be a signal of a possible reversal or correction.