Sabado, Nobyembre 5, 2011

NI Chart Analysis





















Formerly Magnum Holdings, Inc., NiHAO Mineral Resources International, Inc. (NI)was incorporated on July 9, 1975. On June 28, 2007, the SEC approved the changein the Company's primary purpose from a holding company to that of exploration,development and operation of mineral properties and the mining of metallic andnon-metallic minerals. 

NI closed last friday at a price of 3.63
cup and handle pattern with a target price of near 5-5.5 or more

need to break the resistance 3.63- 3.76 and 3.93
cutloss point 3.49

LIHC Chart Analysis



















LIHC closed at .75 last friday.
from august to september, it formed a descending triangle with a target price of .7 (buy signal)
we can see that the move of the stock is now trending up again with a resistance of .75
expected TP is .8-.9

cutloss point is .69