As long as commodity markets in the world flourish their produce will follow suit, which will help their bottom line, and sentiments. Traders should not ignore this counter.
Saturday, January 6, 2018
Balangoda Plantations Plc - BALA.N.0000. Risk 2/50 to Gain 9/50
Balangoda too is in a correction and at present entering it at 30/50, will risk 2/50 to gain 9/50. This counter will 1st test the Gap Resistance between 34 and 35 before its rally to test 40.
As long as commodity markets in the world flourish their produce will follow suit, which will help their bottom line, and sentiments. Traders should not ignore this counter.
As long as commodity markets in the world flourish their produce will follow suit, which will help their bottom line, and sentiments. Traders should not ignore this counter.
Subscribe to:
Post Comments (Atom)
Loss and Gain of the ASI in 2021 vs the Loss in 2022
This ASI chart shows the All time high in 2021 of 9025.82 on the 29th 0f Jan'21 and the fall to the yearly low of 6852.64 on the 19th ...
-
From the 12th of May 2020 I started covering a Strategy on AEL, which is called M-REV. It is the combination of MACD,RSI and EMA indicators... -
Dr. Michael Burry is the ONE EYED Physician turned Fund Manager, who figured out that the Housing Market in the US is going to fall apart,...
No comments:
Post a Comment