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Friday, 7 October 2016

MMP Resources: 7 October 2016, Friday, 2.10pm Singapore Time

MMP Resources:  
7 October 2016, Friday, 2.10pm Singapore Time

Attached above is the technicals of MMP Resources, a penny stock that is listed in the SGX Singapore Market. The Red Circled regions are my warnings in 2013 and 2014 to get out of the stocks and equities markets, especially commodity-related stocks, oil-stocks, mid-caps and small-caps, warning live back then that stock investors will mostly bleed badly despite indices looking strong to inflict bad losses for the herd. The Brown Circled Region is the bottom, a warning I had issued before that many stocks have finished selling and have buying take over for re-accumulation for a super rally in 2H-2016 and 2017.

Majority of the herd have lost a lot of money by now as per forewarned in 2013-2015, before it happens. Majority of the herd are anticipating bear market now. Hence, we will not only have a rally in 2017 amidst all the gloom and doom, we will have a SUPER RALLY. This will make a lot of the losers' hearts crumble because financial markets will make them wrong once again, resulting in the loser herd being double wrong consecutively.

DNA Technical Rating:
【Worldwide stock markets to have synchronized super rally in 2H-2016 and 2017.】

5 comments:

  1. Hi according to the arrows you drew.. Do you mean the price will rise to hit the top of the channel as a projected TP?

    ReplyDelete
    Replies
    1. Coincidentally, yes. That TP region will cover a previous gap in prices.

      Delete
  2. Thanks :) Just curious..do you advise attending the company's AGM/EGMs after buying their shares?

    ReplyDelete
    Replies
    1. Yes of course. If one is a serious investor, attending the company AGMs and EGMs is important.

      Delete