When this giant awakes, it would be phenomenal

25 ม.ค. 2018

I picked this up while reading an article recently about commodities cycle turning bullish again.

Please do not ask me about the FA of this company as I do not dwell in it. From a chart perspective, this is what I see. The downside from the current price is it may falls to 1.50, all time low. It can also stay there for a long long time and never recover.
That is the risk , meaning you are holding on to a dead stock. Is this your kind of risk ? Do you have the patience to sit and hold?

Or can this be the kind of stock you wanna leave behind for your children in 5,10 years or more ?

I will monitor this and would be keen to participate on a small scale. Anyone with any insight or articles please share . Thanks

p/s : I see a descending wedge pattern which may break out from current price or heads further south before breaking out. Note this is a monthly chart so do not expect to see price actions movement so fast, you may go to lower time frame if you are keen to partake in this stock.