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Wednesday 11 November 2009

ANTM uptrending??

Believe it or not, today's gold price is keep creating a new high of all the time even today's there's a little bit of correction in the morning's early trade. This will affect some stocks especially minings. The stock that might be affected is ANTM which is a gold-miner.

This stock can be kept for a longer time for investment, as it's quite stable yet the operations are profitable with some good corporate actions like acquisitions & expansions. The price of gold also affect the income of this firm.


From the technical analysis view, that the stock seems to move upward as some indicator shows like MACD is moving to cross the golden cross, stochastic is still bending down to oversold, candle is showing long legged doji.

Wait for a few days, accumulate & keep after it reverse & let your profit doubled.

Happy Trading....^^
Disclaimer ON!!!

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