This is the B shares of Manila Mining. Basura stock pero may pattern.... Symmetrical trinagle broked with volume may correction konti pero baka pwedng humabol.... Again basura stock so normally profit taking is fast so if you cant stay in front of your PC the whole day this is not for you...
Ey, Sherwin, clarify please. Are you saying then that TA applies even to basura stocks, and therefore we can trade so long as we have the time to monitor full time? Saw this one early, pattern nicely formed with good volume but chickened out, kasi nga may BSE factor. :?:
maybe its not the point, he does'nt like it either but as long as we can manage to jumpdown fast and fly away profits, we can join the club of basura stocks as sure winners,
QUOTE: Ey, Sherwin, clarify please. Are you saying then that TA applies even to basura stocks, and therefore we can trade so long as we have the time to monitor full time? Saw this one early, pattern nicely formed with good volume but chickened out, kasi nga may BSE factor. :?:
Yes TA aplies also to basura stocks pero IMO TA also works well if the stock has good average daily volume.... MA/B mukang so-so naman in that regards. Its just more of an internal house rules why I dont trade basura stocks.
