April 02- Benguet Corp. (BC)

It was unusual for me to see a certain volume for BC. The last time it had surpassed a 2 million volume in a day happened 2 years ago. This transaction just came from a single buyer. Whoever that is, he must know something that I don't. 

I would not care to know for now.

Chart wise it is a good buy and accumulation. 
Industry...hmmm Mining is still in the shadow unless production is very good like my MARC that is hard to ignore the investment opportunity.

BC is also investing in the Health care business therefore they should not only be dragged by the sentiment on the Mining Industry because they have some of their eggs on another basket.

Resistance: 9.0
Support:7.0 (buy and accumulate on this level)
Buy more: Above 10.0

Don't be tricked on the intraday gain today. A measly 100 shares closed the price. Just follow the suggested level for buying and accumulating.

Caveat