WIN still a winner with 9.8 % gain on Descending Triangle Pattern!

Wellex Industries (WIN) made a huge gain of  9.8 %  from 4.8 to 5.3 after forming a descending triangle pattern for 1 week which is a reversal pattern  as shown below. Likewise the momentum shows an uptrend.

WIN_16Feb2012_up

Meanwhile ,Ever Gotesco gained 3.45 % today after loosing 9 % the previous day. A doji , a flat candlestick  appeared today at the close and hopefully the start of more gains at the end of the Cup's Handle .

EVER_16Feb2012

Likewise Megaworld (MEG) formed the same Doji and is meant for reversal as shown in the momentum MTM1 and MACD graph  below.

MEG_16Feb2012

Most of the mining companies , GEO, NI, DIZ  lost for the 2nd consecutive day . Only Manila Mining remains unchanged and on uptrend.

Have a safe & happy investing ! Remember don't put all your eggs in one basket and don't overtrade.