In this example I only have a tested support at a level of 9.20 without be too precise and is relevant because this level was tested during a period of one year and now the price is showing other direction and it's breaking a recognizable resistance level around 10.50 there are another key resistance level in the 12.40 more or less the more I wait for confirmed resistance line breakout with pullback included the more the price moves away of the today price the more expensive the shares become this is always a dilemma in this activity because if you wait for a better evidence with more weeks, for confirm the intention and direction of the price when the decision is made, it will be more expensive.
I share basic material companies in the mining sector because there are a frenzy of broken resistance lines some are more advanced and other looks lagging but the sector is going up and I follow more than 100 mining companies and Industrial metals and the the majority are very bullish personally I like low priced shares but that does not make them penny stocks all the companies I shared and published are listed they are small cap or mid cap and has a story of more than 30 years in the stock market.
Theory say: find a strong sector and buy. I shared several and the objective is to choose some according to the budget of the client
weeks ago I shared others mining companies and the ideas are working the price is breaking key resistance levels
remember I'm not publish a stock symbol twice.
Not all my ideas work for that is diversification and stop loss
I share basic material companies in the mining sector because there are a frenzy of broken resistance lines some are more advanced and other looks lagging but the sector is going up and I follow more than 100 mining companies and Industrial metals and the the majority are very bullish personally I like low priced shares but that does not make them penny stocks all the companies I shared and published are listed they are small cap or mid cap and has a story of more than 30 years in the stock market.
Theory say: find a strong sector and buy. I shared several and the objective is to choose some according to the budget of the client
weeks ago I shared others mining companies and the ideas are working the price is breaking key resistance levels
remember I'm not publish a stock symbol twice.
Not all my ideas work for that is diversification and stop loss