Technical Analysis FNI 20170718

Technical Analysis: Global Ferronickel Holdings (FNI)

Posted 3 CommentsPosted in Charting, Personal Finance, Stock Market 101, Stocks, Technical Analysis

PSE: FNI is now at 2.77 which is the 23.6% retracement from Nov2016 highs and 2.33 lows / support. Can the stock break the resistance this time with a slower pace (almost 1 month) compared to previous attempts which were faster and steeper? Or will it be another failed attempt? Other indicators such as stochastics, MACD and RSI are still supportive of a further run.

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Technical Analysis: Philex Mining (PX) and SSI Group Inc (SSI)

Posted Leave a commentPosted in Charting, Stock Market 101, Stocks, Technical Analysis

Also made a test buy on PSE: SSI, again for my new tsupit fund (TF). Under the same premise that SSI is now ready to climb. After the long bullish candle to start Feb, SSI did not gain much ground in the succeeding trading days. But it seems to be forming a flag waiting for a break on the narrowing channel. Waiting for newcomers?