WIN RSI Alert Update
@ 0.54, Daily RSI is at 70.89, @ 0.53 rsi wil ldip below 70 at 69.83
IF WIN will close below 0.54 then daily is a paraburst. Expect major support to gettested at 0.62 x 0.80 = 0.495 – 0.50 levels.
RSI Weekly is still above 80. Parabolic still. Caveat.
APX – Apex Mining Company, Inc. “A”
Bearish divergence spotted at 5.50, went as high as 5.58. To negate divergence, apx needs to go parabolic.
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edit add: 2:52pm
@ 5.80, rsi is 69.53, parabolic if ris 70 level taken. bearishdivergence then negated.
TA – Trans-Asia Oil and Energy Dev’t Corp.
Neutral for now. RSI resting on support level.
Tampakan Resource Estimate Upgrade
Firstly my Disclosure: Heavy in ACR (ipit mostly), thus i cant reco it in my blog for karma purposes *gigols*
ASX disclosure for your info and references only.
pero may disclosure kanina sa ASX around 5:45am
Title :Tampakan Resource Estimate Upgrade
Uploaded File :02 – IRN ASX 12_01_27 – Resource Upgrade.pdf
Date Uploaded :1/27/2012
URL Link :http://www.indophil.com/pdf/02 – IRN ASX…pgrade.pdf
Answer to Joey on Megaworld
Sabi ni Boss Joey… What’s going on. Why foreign buyers dumping this stock? It seems a good stock, undervalued and low P/E.
Sagot ni spy … last dec 15 2011(?) MEG disclosed that its warrant can be converted to common shares na. after that may overhand na sa pric eng MEG coz bulk of those warrants was with AGI yata. way back when MEG was at 0.50/share, may right offering sila at 1 piso + warrant. only few subscribed (ob kors naman sino mag subscribe kasi 0.50 lang meg). anyways, since nun disclosure, any rally na ginawa ni MEG nauudlot lang, may selling pressure. we can only then make isip isip na baka nagbebenta na yun (your guess is good as mine). the meg warrant was free with a strike price of 1 peso. so the cost of converting it is only one peso. So kahit e dump pa nila yun sa 1.50, they still gain a hefty load of ____. not bad for some _______ jargon.
OV – The Philodrill Corporation
Make or break? Untog means not good (recent example of corrections were DIZ and ORE yesterday). Breakout then surge.
PAL – Reference Chart
For SMP link
pal got some problems in this rally. daily its facing a bearish divergence and in weekly, a hard core rsi resistances near and at 70 levels. there’s some hope though to negate all of these IF pal rally strong for parabolic in order to negate divergences. kabit.
Daily Chart
Weekly
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