Trader's Logbook

We have noticed DIZ last week to go up on the early minutes after the opening but never rally until the closing. Additionally, there were only a few trades for DIZ since last week of October and from that week tell last week, it has been cruising at 76.4% Fibonacci Retracement level. I have monitored [...]

DIZON COPPER SILVER MINES, INC. JAP stock like DIZ is not doing well for the past few weeks already. Looking at the weekly chart, current trend is downward and forming a falling wedge. Price also touch the 76.4% Fibonacci Retracement level. Is this enough for a technical rebound for this week? The Falling Wedge is [...]

DIZ continues to dive for the past few days now. It is about to touch the 76.4% Fibonacci retracement level. If it breaks that support, welcome to the abyss! But is that a Hammer we are seeing? It looks like but the lower shadow is a bit short. Let us see if it gaps up [...]

Today’s price went down breaking the major support. If only the candlestick today was a hammer then there might be a chance it will go up tomorrow but its not. We might see more dips tomorrow. The major support becomes our resistance now. Caveat!

After a long wait of where DIZ will take us, it seems this is going nowhere but down for now. Basing on the chart, the price is inside the rectangle. It is very important to note that within that continuation pattern the price may test the resistance (above line) or support (low line). While it [...]

Angping defending DIZ not to fall below 30 is the top buyer at 31. The same figure has the highest trade price percentage. But tomorrow will be another battle. I will be looking at my other option if price will fall below 30

We have seen DIZ in a downtrend for few days now. Support at around 29 – 30. If broken, then ito ay maging DIZgrasya! Watch the trend pointing down and approaching support line of the triangle.  

A good rally for DIZ today which closes 6.71% to 35.80 I am still thinking that this will break the resistance any time soon. The rectangle (continuation) pattern has been extended already and this is ripe for breakout. Volume is picking up again.

Friday’s movement for DIZ gives us a good chance of breaking the resistance but today there seems to be an equal chance that it will break the support (going down) or break the resistance (going up). Overall, this is still in consolidation mode inside the rectangle.

Still in consolidation mode but the trend inside the rectangle is looking good. We might still see some little red candles but this week might be the week we are waiting for. Patience brothers! On second thought, EO has been signed so this may cut short its trip and zoom zoom zoom!

This is still in consolidation mode but volume appears to be picking up. Price is within the upper half of the rectangle so there is greater chance of this to go up than go down. If resistance will be broken with a significant volume then this might reach 50. Always remember that the direction of [...]

DIZ did not move as I expected but basing on the current price and candle, this is still anybody’s ball game. Volume is not on our side and that reflects the price movement. A day or two of consolidation might occur before major breakout will be felt.

DIZON COPPER SILVER MINES, INC (DIZneyland or DIZaster) A rectangle pattern can be seen on DIZ. This is a continuation pattern and in few days may break either the resistance or the support. Price can also extend its movement within the rectangle. If the support will be broken, this may dip and test the next [...]

DIZ (DIZON COPPER SILVER MINES, INC) We have seen most of mining stocks went up, DIZ at the forefront. From my TA, it has just broken from the triangle with a very significant volume. Is this price-action and volume at its best? Mining stocks were in speculative play today (at least for me) because of [...]

DIZ held a special stockholder meeting, approving the ff notable changes: 1. Change of corporate name to “Jinhao Mineral Resources” 2. Hike in authorized capital to P1B divided into 1B shares at par P1.00/share from P101.25M divided into 101.25M shares at par P1.00/share. 3. Denial of stockholder preZemptive right which capital increases will be undertaken [...]

I am looking at the DIZ stock and it seems it is now bound to bounce since it has already reached its 50% Fibonacci retracement level. The volume seems to suggest there are a bit significant number of traded shares went on this day. But I am not very much eager to get in because [...]