From 67.5 c to 82 c , the volume looks constant . Thus , we can assume that more people r collecting than selling . The chart looks like ascending in a straight line up , possibly given the right timing , u may witness a one time gap up where the volume may spike than the normal trading. Chart wise , it is in a positive indication and a safer bet to gain higher if u r holding long for 6 months to a year. Thus , any downside will be a greater chance to accumulate coz the projection is in positive mode than the reverse. Happy trading....
The rise n fall of steel counters may come as no surprise given that trade wars between 2 world's economy power house were at odds with each other . This will not bode well for the world economy n the pressure to maintain growth expections will be a hurdle.
War at the corner ? Possibility for Trump to start war is closer to possible given his gangster attitude... beware ! Not steel counters but all will be greatly affected ...esp coming near to October ? Tsunami or Crash due in 2017/18 ?....
Leonfb support at 0.845c has already been broken. immediate support at EMA 40, if price drop below 0.8. recommend to cut loss and move to other counter
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
rocketer
109 posts
Posted by rocketer > 2017-08-29 06:16 | Report Abuse
The management is very brilliant in doing their jobs. I would say is a very good management team.