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
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rocketer
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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.