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2014-08-21 14:14 | Report Abuse
LME aluminium to rise more to $2,129
SINGAPORE: LME aluminium may rise more to $2,129 per tonne, as indicated by a Fibonacci projection analysis.
The analysis reveals that the metal has briefly pieced above a resistance at $2,074, the 138.2 percent Fibonacci projection level of an upward wave C that developed from the May 21 low of $1,754.75.
The next resistance will be at $2,129, the 161.8 percent projection level.
The wave C consists of five small waves.
The trendline passing the peaks of the first and the third waves points to a level similar to the target of $2,129. Strategically, this target will be confirmed when aluminium goes above its Aug. 20 high of $2,083.75.
The views expressed are his own.
No information in this analysis should be considered as being business, financial or legal advice.
Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.
2014-08-21 12:13 | Report Abuse
so far PW bought back 2.5% share. 7.5% to go
2014-08-21 11:15 | Report Abuse
all alum counter charging and waiting for signal
2014-08-21 11:01 | Report Abuse
Bull still intact, as long as US keep printing money. This bull won't die.
2014-08-21 10:53 | Report Abuse
good result coming ahead
2014-08-21 10:12 | Report Abuse
shooting up today...result coming soon
2014-08-21 08:53 | Report Abuse
wheat and corn price drop again...good buy!! long term TP RM3.00
2014-08-20 18:04 | Report Abuse
PW supporting its own share price. Current price very safe!!
2014-08-20 17:52 | Report Abuse
this time huat lar....share buy back for bonus issue!!!!
2014-08-20 17:52 | Report Abuse
wah...buy back again 220100shares in 1.66-1.69
2014-08-20 16:59 | Report Abuse
tomorrow panic buyer again!!! wahahahah
2014-08-20 16:35 | Report Abuse
buy now before too late!
2014-08-20 16:30 | Report Abuse
panic selling now...you should buy more!!
2014-08-20 11:52 | Report Abuse
then you should sell now
2014-08-20 10:25 | Report Abuse
Good to collect now. Low risk, as company share buy back at 1.68-1.69.
Stock: [LBALUM]: LB ALUMINIUM BHD
2014-08-21 16:13 | Report Abuse
lbalum new high tomorrow or monday!!