First Asset Morningstar Emerging Markets Composite T.EXM.A

Exmin Daily Chart

[Haligonian]

The perfect touch off the trendline is also evident on the daily chart for EXM. What is of greater interest on this chart however is the bottoming of the MACD from extreme oversold levels. In fact, the MACD now appears to be curling up towards positive territory. The next upleg will likely have commenced when this threshold is passed as it will also coincide with a break of the MACD downtrendline from last December's peak. RSI also appears to have bottomed, finding support in the low 40's. Again JMHO, but I strongly suspect the next upmove will be plain for all to see within the next week or so. Here's the chart: https://stockcharts.com/h-sc/ui?s=EXM.V&p=D&yr=2&mn=0&dy=0&id=p40900268915 GLTA

[dorinho]

Hola Haligonian! Great to see you here Hal ... a "certain mexican stock", no? The charts do look very positive. I have bought about as much as can without being ridiculously over-weight! EXM has structured their properties and JV's in a very astute fashion and I have great confidence going forward. My very best to you! Buena suerte a todos! Dorinho

[daytrader3]

Just a matter of time.imo.Guys and Girls

[Haligonian]

Hello there compadre, A "certain mexican stock"? Yes, I certainly feel certain about this certain one, lol! This is my favorite exploration play currently, with the production/cash flow coming from the Moris mine later this year a HUGE plus and fundamental driver going forward. I share your confidence...looking to increase my weighting here quite a bit in the near term. Best

[mr_man_0915]

"I share your confidence...looking to increase my weighting here quite a bit in the near term." Hmm...I've held this one for a few months and while frequently reading posts here, I have not been posting myself...but then....I see another Haligonian looking to possibly increase current position...and he signs off with best regards, just like me in real life....coininkidink or a

[dorinho]

Gracias Mr. Man! If you like a JV strategy a la Exmin, then you have to appreciate the accomplishments of Senors Boltz y Gibson! I look at this low 60's valuation and the longish consolidation we are in and I conclude that the entry is a good one, especially in the context of a potential sector breakout. Haligonian is a stalwart and though we live in widely separated parts of Canada