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 !
No comments :
Post a Comment
Pls . Sign-up above if you find this Blog helpful. Thank you !