Antofagasta

If approved at the AGM it will be paid on the 13thjune 2013 to share holders on the register at the close of business on may 10th 2013

I found this in My Reuters Eikon...This is from there preliminary results. I dont think its available yet on there website
Its 3 quarters of the way down on the PDF so its well hidden as the there statement is huge...

The rsi broke the trend line early on this. so that was the sign that higher prices may follow.
It currently has a 123 low formation on this already with the gap up today. It looks bullish now.
Maybe look for an entry on a pull back with stops below 2 point or a gap fill. Since its moved a lot the risk are greater .

sorry for the crappy iii chart but it looks like its in a channel on the 1 hour chart. gap now filled on the daily. RSI also holding on 1 hour

Thanks deadcatbounce for pointing this out.
Ive just gone long on this due to the gap fill. stops are below 2

I'm thinking to close my long here and go short now. Is that correct?

croax wrote: I'm thinking to close my long here and go short now. Is that correct?

hi croax
there are near by supports at 1064 and 1050 and 1039 that could make this bounce so taking a short could be risky due to this. If those supports are breached then yes. It also depends on your time frames as well. Im actually currently long on this with my stops below 1050 so take what i say with a pinch of salt