First Asset Morningstar Emerging Markets Composite T.EXM.A

Exmin Weekly Chart

[Haligonian]

EXM may be approaching the end of its correction here with 52 cents holding as the low over 3 consecutive weeks now. This coincides with the rising 40wma (200dma) having reached 52 cents this past week as well. With the expectation that this key support area will hold, now appears to be a great entry point: https://stockcharts.com/h-sc/ui?s=exm.v&p=W&yr=2&mn=0&dy=0&id=p20193117813 Best of luck to all

[dorinho]

Gracias Haligonian! Hope things are well 'out there'!! Looking at the chart it appeared to me that previous basings took longer than 3 weeks to reached 'maturity' if that's the right word. Whatever the case, any positive NR would be met well in this environment imho. This extended period of 50's 'action' will be looked back on as a classic buying

[mr_man_0915]

One hopes so....I've also been considering an additional buy at these levels. SP certainly has been quietly and persistently drifting south of late with no obvious reason....another 7 % today on about 250k shares changing hands...that's right about median volume for the last 30-45 days, agreed?...I would prefer to see voulme at these levels start to dry up singaling the bottom of the sell

[Haligonian]

With regard to the recent drift/weakness in the share price, I have come to the conclusion that the warrants have been a contributing factor. Specifically, as per the most recent MD&A, there are 4.9 million 20 cent warrants outstanding that expire next March plus an additional 1 million agent warrants priced at 15 cents that expire in that month as well. We will know in due time to what

[dorinho]

Hola Senor Man!! I echo Haligonian's comments re: ADA. I added it to my PF once I confirmed at the recent Calgary Show that they were mere weeks away from production. What's is there not to like with ADA? They have delivered. Juniors who have completed the cycle of exploration through to production greatly appeal to me! They have bucked the odds and WON. A similar situation, if

[Haligonian]

Perhaps just 'long-lost connected hermanos' lol. I suspect it is more simply a case of "great minds think alike" however that best explains it All 3 are great companys, that is certain!

[mr_man_0915]

Well....since I own a couple of them too, I indeed hope its a case of great minds thinking alike rather than fool's seldom differing! Thanks for the comments on ADA. I've been eyeing it (mostly sp movement) for a few months and picking up info on them here and there. I've read all the posts on mr. d's other fav site, and had a sense there had been some frustration among the

[huesos]

The chart is continuing to roll over slowly. What would be helpfull to figure out is whether this is selling from warrant/share overhang from large holders or is indeed small retail capitulating. If it is a slow bleed off from some multi million share entity, the question becomes, how much have they got left? I want to establish a position as I neglected to do so at .20, I,d just like to preguage

[rainbow1010]

It is my belief that the volume is to low for this to be major holders selling off and/or warrant issues. Likely nervous nellies doing the selling, I also think this is a bottom however I thought the same about the .62-.64 area too. One thing is for certain is that the volume has been extremely low during the recent declines in comparison to the amount of shares sold above the .60 area. If the

[daytrader3]

It is a diamond it the rough.IMO you have the best,as coach says.Bottom line.....You have to pay attion what coach says.Very smart man,love his input.Listen to what he says.Bottom line.