First Asset Morningstar Emerging Markets Composite T.EXM.A

Time & Price Movement

[myllow1]

As I previously mentioned, EXM seems to move in cycles - Going through some Time & Price movement analysis, I ahave a model telling me we could well see the next leg up starting this seek, maybe by mid to end of the week...As far as price, hovering around 0.78 to 0.82 won't be surprising... Looking for it...IMO GLTA

[OilSandSam]

I was looking at that move we had from .30 to around .45 cents. Leveling off at where we are today strikes a very similar look as to what happened at .45 cents. I agree with your analysis and if we go more or less sideways till late in the week, we could have a repeat of the last run. The upside I was thinking of topped at .80 cents before needing another rest. If we were to get news in this time,

[myllow1]

Thanks Sam - Good to see someone echoing the analytic look and showing some "objectivity" here as well. This week should be very interesting as we move toward the end...IMHO.

[OilSandSam]

In regards to your time and price movement....wow, you sure blew that call on the "mid to late week"! Hehe, just kidding. I didn't expect that kind of strength today. We had that cross of 331k shares, but another 300k+ traded besides that. You still think we'll run into some resistance around .80 cents? I'm still leaning that way, but I'm starting to think the resistance

[QTraderOne]

EXM closed on the day high which is a bullish signal. The last several sessions it has consolidated and today broke out of that consolidation trend range to set a new high and close the high. We should see more growth tomorrow. With the bearish trading going on this morning I wouldn't be surprised if investors were selling off their dogs and reallocating assets to winners like EXM

[thedave2006]

bubble in miners these days...have to be careful. nice action on exmin, almost a 3x for me. me thinks it is time to take some off the table and ride for free. cheers, dave.

[myllow1]

Hey Sam, Should I say the trend is our friend...A bit like you, I was not expecting a "bold" movement for EXM today - $0.64 would have been fair already - $0.67 makes me wonder, especially the last trading hour per say... Still and interestingly, $0.78 by Thursday-Friday is not anymore that much farfetched at all... Surely enjoying the ride and not looking at unloading...I added