1.29.12 MA PX FPH

On breakouts:

Once resistance is broken, it is common for this same resistance level to turn into support. Often, the price will return to the resistance break, and offer a second chance to buy. see MA & FPH

 

MA – Manila Mining – daily chart

MACD – uptrend

RSI – 68.52

 

PX – Philex Mining – Weekly Chart

 

MACD – nearing buy signal and near the zero line.

RSI may break that 56.

Volume for the last 4 weeks is increasing. Will it imitate its movement last April 2011?

 

 

FPH – daily chart – poised for flag breakout?

 

MACD – buy signal
RSI – 64
Volume – in consolidation

 

PD: I have PX & MA, no FPH.

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