Antofagasta

Possible 123 low breakout.
stops below 1638

Possible 123 high formation.
looks bearish short term

Looking back on this thread, back in May 2016, Debbie posted on this thread that Antofagasta looked like a good buy, the stock was trading at 400p at the time.

I suggested it wasn't!!!
I got this very wrong, especially considering the stock is now over 800p!!
just need a minute here to clean some egg from my face....

Now looking at the current technical situation, this looks a bull pennant to me imvho, and the break out should be around 846.5 (say 847p).

Bets case target could be above 1000p here based on the size of the pole, but a trend channel is showing a more achievable 960p area.

atb, wdik, dyor,
trendfriend

This one should be a free trade now,,,also now currently at bottom of bollinger bands so profit should be taken.

Possible short on this one based on bollinger bands.
Stops above the recent high at 576.
This popped up on one of my scans using metastock pro


dl.dropboxusercontent.com/u/4899609/2016-08-22.png

"very accomplished trader".
That's not me for sure, i'm still learning something everyday.

Stick around, post any trade ideas here, for some views, and heads up to the other folks.....

One point i will make is, if you cannot explain to others, why you think a particular trade is good, it may well be it's not such a good trade after all....

imho, dyor, good luck and all the best.

Trendfriend.