Monday, January 30, 2012

You're P5000 could have earned 11.9 % with Manila Mining today!

What if you can predict  the future price of a stock as a weatherman predicts the weather  for the next 24 hours ?  What if you know that the stock price will rise and you bought at a lower price before? If  you knew 90% that  you're on the winning side , will you bet your savings? By knowing simplified technical analysis- this time you're luck is in your own hands .  This is much better than  the casino , where the odds of winning is 30 % to none  and where luck is mostly on the hands of the casino owner .

Last Friday , I mentioned that Manila Mining is on the way up  and today Monday, it did rise 2.86 % while the most of the stock market fell today. As shown on the graph below

MA_30Jan2012

Manila Mining is forming a "Cup and Handle figure " which means it's still on the way up until it meets some resistance from this time onwards. Today , It's price rose from Friday's 0.067 to 0.074 which means if you have invested just P5000  you can buy 74600 shares and today earned  P596.8 which is  11.9 % Return on Investment. So for those who have followed this blog keep invested until  a red signal to sell shows up on the MACD and the Momentum MTM1 is moving downwards and  before crossing the zero line.

Good Luck and Happy Investing !










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