As December approaches to the Christmas, it's the time for us to collect some governmental stocks that are in bullish signal, then keep until next January & get your special Christmas present from the Santa....
Well, back to the analysis, we'll see one of governmental mining sector which is ANTM. ANTM with its commitment in production increment might bring more profits to the firm itself. The sales of feronickel of the firm is 19,000 tons, while it might increase its production up to 18,500 tons, which is still lacking of resources but creating a scarcity which will increase the price of the product & might increase the sales.
Yesterday it created a Doji star which is a reversal signal, but remember, be careful, as it hasn't penetrate the uptrend resistant, once it penetrated, keep that till your Christmas & take the gift from the Santa.
My rating for this time is still Speculative Buy.
Anyway, Happy Trading....^^
Disclaimer ON!!!
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