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Ahh I’ve seen so many arguments on TA over bulletin boards.
I believe it is useful for timing entry and exit points and even day to day movements.
At he same time, I’m not looking to buy or sell just now. I just find it interesting how the RSI got a bit high … and sure enough we pulled back.
(I know the question wasn’t aimed at me, OJAY- I’m just a bit bored)
Ultimately some people believe and some don’t. But you are right (ojay) - FA’s fundamental posts are well reasoned and greatly appreciated. (Good work FA)
F/A: As you know I appreciate your contributions to this BB as they are in depth and very well grounded. However, I have certain doubts that "Charts" provide a reliable source of information concerning companies which have not (yet) generated a penny of revenue. I am certain you know how to put that fact into context concerning PM.
In particular I as an LTH believe in PM's transformation from exploration to production going forward. Unfortunately, it has not happened yet. My question is therefore: How reliable is the chart information regarding PM you repeatedly refer to?
In saying that not I’m saying that (phone auto text!)
I’m not sure that the RSI has cooled all that much.
I expected a bit more of a pullback today to cool the rsi further but what do I know!
I’m saying that, there is definitely enough headroom to take 5p, I’m not sure I would have said that yesterday.
Good luck all, hopefully we breach 5p on Friday :)
just bought £10k worth not showing yet got 4.637p which i am pleased with
Hertstrader
I agree, makes for stronger upward price movements which can be sustained, good to see weaker sellers who bought in cheaper flushed out whilst getting new buyers at the higher prices.
Each to their own. Everyone has their own plan and strategy.
Should be back to 4.75 soon from where we launched attack on 5p.
Breaking past 5p this time can take it to 5.65 pretty fast ahead of news.
Good to see the SP having a bit of a breather and cooling the RSI, Consolidating nicely above 4.5p and clearly uptrend in full swing
MA200 is closer on the MA50 on a 15 min chart..
On the 1 hour, 2 hour, 4 hour, day chart 50MA is really well above 200MA.
Strong market going up now!
Lunch time will be be on the move
Troops been ordered to assemble for another attack at 5p to get it over the fence this time.
EMA50 getting closer to crossing over EMA100 also
12.7m traded today.
Higher volume and strong momentum leads to stronger re-rate. This needs to break past 9.15p reached when EL was granted. Albiet there was dilution last year but we also gained $10.4m cash in bank.
@ this rate 0.035p ...... lol
This is playing out perfectly. Just a 5% drop for a share firmly in an uptrend now ahead of news. Some traders sold to play 10% swings from +5% up to -5% down on the day. Fair enough.
Bounced perfectly from 4.45 support level.
RSI now cooled down also.
EMA50 crossed above EMA200
EMA50 is close to crossing EMA100 also.
Same pattern when we were trying to break above 4p last week. Touched 5.10 today. This should break past 5p also soon. Higher highs/higher lows. Expect a nice bounce tomorrow.
No share goes up in a straight line, bad news so be it, good news great, but just making stuff up your just a FOOL
Looks like nobody knows what you're talking about. Try again.
//Plumo on what basis do you expect there to be a delay?//
Hello! - this is MATD innit?
plumo: Maybe you should place your bets based on the company's history. Good luck with that!
Decline in share price and it brings the experts out ! Got to love these BB
Lol
Yes you are wrong as there will be no news tomorrow! Thanks for your insight !
just look at the history of the company.hopefully i'm wrong!!!!
Of course Watchandlearn: He told them to sell, sell, sell because the SP is going down, down, down!
On what planet do you live?
Plumo on what basis do you expect there to be a delay?
Iamrich . How is it worthy of reporting . For god's sake. Everyone entitled to an opinion . Wasn't long ago you called me SC*m if you care to remember just because my opinion of future timelines differs from yours . Get a grip
I expect news tomorrow and with the price developments this week. I expect a delay in the process !!!!