. Is Australian Mining at risk ?
. World economy slowing.
. China slowing.
. Which will affect the Top line P/L statement.
. MRRT & Carbon Tax will increase cost.
. Bottom line will be reduced.
. Less revenue, more costs.
. Bad business !
. Investors may seek greener pasture, resulting in less funds for the industry .
. Is WA bullishness then , justified ?
This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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