Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
Technical Analysis from IFC Markets
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="IFC Markets, post: 212136, member: 18359"] [HEADING=1]Antofagasta PLC Technical Analysis - Antofagasta PLC Trading: 2022-08-25[/HEADING] [HEADING=2]Antofagasta PLC Technical Analysis Summary[/HEADING] Below 1096 Sell Stop Above 1197.75 Stop Loss [TABLE] [TR] [TH][CENTER][B]Indicator[/B][/CENTER][/TH] [TH][CENTER][B]Signal[/B][/CENTER][/TH] [/TR] [TR] [TD]RSI[/TD] [TD]Neutral[/TD] [/TR] [TR] [TD]MACD[/TD] [TD]Neutral[/TD] [/TR] [TR] [TD]Donchian Channel[/TD] [TD]Neutral[/TD] [/TR] [TR] [TD]MA(200)[/TD] [TD]Sell[/TD] [/TR] [TR] [TD]Fractals[/TD] [TD]Sell[/TD] [/TR] [TR] [TD]Parabolic SAR[/TD] [TD]Sell[/TD] [/TR] [/TABLE] [HEADING=2]Antofagasta PLC Chart Analysis[/HEADING] [URL='https://editorial.fxstreet.com/miscelaneous/image-637970127116286460.png'][IMG]https://editorial.fxstreet.com/miscelaneous/image-637970127116286460.png[/IMG][/URL] [HEADING=2]Antofagasta PLC Technical Analysis[/HEADING] The technical analysis of the Antofagasta stock price chart in daily timeframe shows #L-ANTO, Daily is retracing down toward the two-year low it hit six weeks ago under the 200-day moving average MA(200). We believe the bearish momentum will continue after the price breaches below the lower boundary of the Donchian channel at 1096. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above the upper boundary of the Donchian channel at 1197.75. After placing the order, the stop loss is to be moved every day to the next fractal high, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (1197.75) without reaching the order (1096), we recommend cancelling the order: the market has undergone internal changes which were not taken into account. [HEADING=2]Fundamental Analysis of Stocks - Antofagasta PLC[/HEADING] Antofagasta stock rose after a report the company had sued the US government to revive its proposed Minnesota copper and nickel mine. Will the Antofagasta stock price continue rebounding? Antofagasta plc is a Chilean publicly traded multinational mining company. Company’s market capitalization is at £11.31 billion. ANTOFAGASTA stock is trading at P/E Ratio (Trailing Twelve Months) of 15.09 currently. The company earned £6.41 billion revenue (ttm) and a Return on Assets (ttm) of 8.45% and a Return on Equity (ttm) of 14.95%. Antofagasta Plc's Twin Metals subsidiary sued the US government on Monday to revive its proposed Minnesota copper and nickel mine. The company claims the lease cancellations in January by the US Department of the Interior were "arbitrary and capricious". Twin Metals asked the US District Court in Washington to restore the leases, which were first granted in 1966 and have been passed between successor companies. No mining has taken place at the site. Restoration of leases may lead to copper and nickel mining which will be bullish for stock price. The stock price gained 2.8% on day after the news. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…