Saturday, January 28, 2012

Manila Mining Shines anew!

Manila Mining a subsidiary of Lepanto Corp. is now trending up after 3 days of moving down due to profit taking but now its back in action. As seen on the graph below:

Manila Mining
Today MA went up by 4.48% and should continue its nice ascent as it breaks through the previous Resistance of 0.070 .  Momentum MTM1 is crossing the zero line as it moves higher while the MACD is forming a new high.

PAX
Meanwhile GMA7 has reach a new high of  P8.0 per share from previous report of  7. 5  while PAX   increased by 5.79 %  from 1.9 to 2.01 . As shown on the graph its momentum MTM1 continues  while the MACD 's  blue line beautifully rides on top of the orange line signifying a continuation of the bullish trend.

Happy Investing  weekend to All!

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