Earlier this year the @anustrader tweeted that MARC (Marcventures holdings) is a stock pick for 2018.
Just to clarify what I mean by stock pick is that it’s a stock i would want to accumulate volume for the entire year. A stock which i will be buying on dips and in areas where it consolidates.
Why the @anustrader chose MARC over all the other nickel companies?
- Check out the website https://www.marcventuresholdings.com it is regularly updated.
- They just had a merger with Alumina Mining Phils. Inc. and Bauxite Resources Inc.
- Aluminum is the main product of the 2 new companies they merged with and aluminum has a lot of uses.
- Nickel will be in demand due to the production of electric vehicles. With regards to the use of aluminum just check the link above.
- Look at the website of Marcventures and look at the events and activities of the company. You should have an idea now that this company is a responsible mining company.
- See these links: https://www.marcventuresholdings.com and https://www.youtube.com/watch?v=tfuxXsU8jYo
- Based on this news: Marcventures is the only company that extracts bauxite in our country.
- 2017 was a good year for Marcventures based on its annual report: http://edge.pse.com.ph/openDiscViewer.do?edge_no=48c5ffdfdb6ad46a43ca035510b6ec2b#sthash.AtGzUBrq.dpbs
Accumulate below 2 pesos or better yet below 1.50 if we are looking at the current price as of April 27. Major resistance is at around the areas of 2.18 and Major support is around the area of 1.39. If you’re a range trader you can buy the dips and trade the range. while this stock is below P2. But the problem is the volume is relatively low.
So again… MARC this stock, place it on your watchlist if you think I am making sense. The rise of base metals will soon come! If it has not yet begun…
MARC my words soon this company will be widely talked about again…