ASX:XMM - Keep a close watch on sector and companies
~The sector is in an uptrend after making a bottom in Jan 2016
~the previous high was made in Nov 2008
~after a gap of close of 13-14 years sector has come to the limelight.
~Strong global demand
~China demand for minerals
~ Global infrastructure post-COVID-19 - Govt push
~DON't forget over 50% of the consumption of iron ore is from infrastructure
~Iron ore consumption worldwide increasing steadily
~ ASX listed companies in my watch list.
1.
BSL
2.
CHN
3. $DEG
4.
ILU
Trend analysis
Fundamental analysis
Beyond technical analysis
~The sector is in an uptrend after making a bottom in Jan 2016
~the previous high was made in Nov 2008
~after a gap of close of 13-14 years sector has come to the limelight.
~Strong global demand
~China demand for minerals
~ Global infrastructure post-COVID-19 - Govt push
~DON't forget over 50% of the consumption of iron ore is from infrastructure
~Iron ore consumption worldwide increasing steadily
~ ASX listed companies in my watch list.
1.
BSL2.
CHN3. $DEG
4.
ILUTrend analysis
Fundamental analysis
Beyond technical analysis
Join me on Twitter @bhatiashivendra to stay updated on my thoughts and insights on stocks, financial assets, and markets. I focus on research-based analysis and avoid hype. As an experienced investor in a diverse range of assets, I invite you to conduct
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Join me on Twitter @bhatiashivendra to stay updated on my thoughts and insights on stocks, financial assets, and markets. I focus on research-based analysis and avoid hype. As an experienced investor in a diverse range of assets, I invite you to conduct
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.