SLI is forming it’s handle and it seems like it’s about to breakout anytime soon. Ichimoku indicators should get out of the cloud soon. Caveat!
LPZ should observe the 127% fibonacci, if this breaks it will go to 9.84 of 161.8% then onwards to 13.47 of 261.8%. But you always have to remember that 161.8% fibo is a strong resistance/support. Caveat!
Let’s see what other peeps are saying
Recently, MEG just reached an all time high but i think it’s not that significant. But if you are going to look at its chart, all the indicators are bullish. This might go up or might retest support around 5 then another run.
What other people think about this stock
Check the blue line, it should tell you something. Well, i can be wrong
What does other people think?
FNI P31-b FOO next month, price TBD on Mar. 13
- Global Ferronickel Holdings, Inc. added
- FNI will sell 6.16-b common shares with an option to sell another 924.7-m shares at a max price of P4.38/sh.
- Final FOO price will be announced on Mar. 13; offer period from Mar. 17-23.
- FNI is the 3rd largest nickel producer in the country in terms of volume shipped. It accounted for 11% of PHL’s nickel ore exports in 2013.
source: Regina Capital Corporation
SM is looking to break it’s resistance at 957.80, If this breaks, might take us to 1,200 areas.
I think it’s good to accumulate in these levels, near the SMA20 line and it’s forming a descending triangle pattern. Plan your strategy! Cutloss and Trailing Stops!