Far East Capital Newsletter
A second week of improving sentiment
22 Sep 2018

In This Issue


A second week of improving sentiment

The slight uptick in sentiment evidence last week has developed into a good rally for many stocks, with BHP and RIO leading the charge. That means institutional buying. A number of stocks either breached downtrends or were preparing to do so. If we have another week like this, it will strengthen the conviction that the 6-9 month bear market in resource stocks has turned the corner.
 

Suite 24, Level 6
259 Clarence St
Sydney NSW 2000

Phone: +61 2 9230 1930
Email:
Far East Capital

Home | Newsletters