Stock in Focus: Semirara Mining (SCC)

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Semirara Mining Corporation (stock symbol: SCC) ended 2013 with an impressive close near the all-time highs. The good news is the bullish tone I’ve mentioned in late-December persisted into the new year.

Bulls have been unstoppable so far this year; price wandered into fresh territories and trekked into the 340s before taking a rest.

If you are interested in this stock, you should wait for better prices. 300 is the line in the sand.

The TRIX Index is comfortably bullish.

Philippine Stock Exchange_SCC Daily chart, February 14, 2014

SCC Daily chart, February 14, 2014

 

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