EMS eastern metals limited

ems chart

  1. 2,344 Posts.
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    Here's a weekly chart.

    I interpret a short term inverted head and shoulders (red line)around Sept last year, and a longer term (12 months) inverted H&S with a right shoulder forming about now (orange). the MACD is showing a nice positive divergence with price action as does the RSI.

    Based on this, this quarter should be time for EMS to run.

    Of course this is all bollocks if SC comes back from his international travels and says that malaria has been cured in all African countries, London Pharma and PP has decided to legally contest EMS manufacturing and distribution rights to ArtiMist, Berlin Pharma has risen like a Phoenix from the ashes and has invoked it's contractual rights to go back in to ArtiMist production, but the German equivalent of the Aussie TGA has closed the facility indefinitely because an ebola virus outbreak in conjuction with a rare and particularly virulent form of methycillin resistant staph. aureaus has infecting the local staff. God forbid.

    Have been continuing to by smalls recently

    GLTA

    bluebush

 
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