Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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My take...
UPS
PIRI 5.20p ( 5 v 5.40p )
After the small drop today the Level 2 is Positive 4 v 1. Bitcoin is on a big rise for the last couple of days. Indicators helping as they have reached oversold territory and Share price at the lower Bollinger Band (buy time ) and a double bottom on the last intraday low chart. Buyers around middle price, and there are more than sellers today.
Char .....http://uk.advfn.com/p.php?pid=staticchart&s=L%5EPIRI&width=600&height=300&p=2&t=1&dm=2&cb=
Someone took the only one at the offer and managed the 100K at middle price 5.20p and up again to earlier price.
Since another 75K buy at middle price 5.30p and now looks much better bor the bounce
spread 5.10 v 5.50p
BTC - Bitcoin $ 47,014.0 +2262.0 +5.05%
Has managed to break the $45,000 barrier and now moving well ahead...
Bitcoin started a fresh increase above the $45,000 resistance against the US Dollar. BTC even broke $47,000 and is showing positive signs.
chart ...https://uk.advfn.com/p.php?pid=staticchart&t=1&dm=2&vol=0&width=605&height=300&min_pre=0&min_after=0&s=COIN^BTCUSD&p=3
Slowly but surely some buying is appearing
Bitcoin Has Become a Leading Indicator of Investor Sentiment
BTC is up 4% on Monday, ending the day around $48K, and corrected by about 1% to $47.5K on Tuesday morning. Ethereum was up 1.8% in the last 24 hours to $3.4K.
Terra is a leader of the day
According to CoinMarketCap, the total capitalization of the crypto market increased by 1% over the day, to $2.15 trillion. The Bitcoin dominance index fell by 0.1 points to 42.1%. The crypto-currency index of fear and greed rose by 11 points over the day, to 60, and moved from neutral level to the “greed” grade. On Tuesday, the index dropped to 56 points.
Among the leading altcoins, Terra soared by 10%, Doge corrected by 2%. In most others, there is a slight correction in the growth of the last days, but they are in positive territory over the last day.
Bitcoin continued to rise on Monday after it broke through the strong resistance of the February highs around $45K in the previous evening. By the end of the day, BTC has renewed the highs of early January above $48K, having won back the decline since the beginning of the year.
NEWS today
New Buymie's partnership with Asda.
MasterRSI, just in case you think you are on your own here, Hello!
The big one is Pluto Digital, which is taking an age to ipo with NFT on neo. That will be a significant rerate for PIRI and RGO.
Hurry up!
Nice to see there are not only lookers but "K3VMC" said hello
The last trade paid full ask price 5.50p
also to say the Level 2 is better today with more than 1 MM at bid
and finally moving ahead...
5.45p +0.15p ( 5.30 v 5.60p )
Moving ahead with good Level 2 on smaller spread and good size buying
Friday, 1 April 2022 / April fool's day
pic ... https://i.postimg.cc/7YSsy0f3/illustration-celebrating-april-fools-day-background-143111135.jpg
It seems Fool's day is a very good day for PIRI, paying higher on the buying last 5.585p
Hollywood producers among the backers for Belfast-based Retinize
Irish VC Sure Valley Ventures leads £2m seed round for father and son-founded start-up
https://www.irishtimes.com/business/technology/hollywood-producers-among-the-backers-for-belfast-based-retinize-1.4828326
and another 100K and now paying full offer and bid go to 6.40p
Time to get in before its too late
5:41:59 5.60p 100,000 £5,600
Volume and rising = BULLISH
further up on the bid to 5.50p but offer up also 5.70p
chart with volume ... http://uk.advfn.com/p.php?pid=staticchart&s=L%5EPIRI&width=500&height=215&p=2&t=1&dm=2&vol=1&cb=
MM decided to keep the spread large 5.50 v 6p now, but investors realised that the shares are on the move UP and buying goes on @ 5.90p.
The Market sucks buyers in with the illusion that a high buy price means an uptick. This is false as it usually is followed by share price weakness, leading to buyers at top end showing a loss. The Market sucks buyers in with false hope ? As demonstrated by past trading history. So far PIRI thus far investment is being propped up by continuing secondary offerings by its investee Companies with no material upside in trading performance. But around June time there could well be bullish trading sentiment leading to a "band wagon" effect as those heavily invested, and showing losses after having bought in at top end, will crowd in to pump the shares to recover lost ground.
On a day of a red market ( FTSE and FTSE 250 ) some decided to sell earlier and in a rush and MMs did the same to an spread 5.20 v 5.30p.
A small batch of buyers at that point, the last one had to pay over the offer price and offer has improved to 5.40p
A two-way market today and it seems is going to be with a very large volume on looking at the volume chart, some more bounce on the bid side to 5.30p
chart with volume ... http://uk.advfn.com/p.php?pid=staticchart&s=L%5EPIRI&width=620&height=245&p=2&t=1&dm=2&vol=1&cb=
The bounce continues no 5.40 v 5.60p
I wonder if the seller has finished with the last lot today
Hi MasterRSI - my SIPP sold 500k (100k and 400k) and have finished. It needed funds to give me enough cash to exercise the warrants it holds which expire at the end of this quarter.
Buyers are paying over the offer price 5.70 v 5.80p
15:59:15 - 5.822 - 5,000
-----------------------
some very large buys on the ticker, something is going on
15:06:08 5.80 300,000 £17.40k
14:59:03 5.688 200,000 £11.38k
5.85p +0.25p - Bullish charting
Chart with comments .... https://uk.advfn.com/p.php?pid=chartscreenshot&u=LLPzaakkNP9LYLaZgvGc3fW3sGQtsn5SYO0ebSLsKAs%3D
Slowly the buying is showing at the ticker, and with that, the Level 2 is improving
We are in business now after a 100K buy and with that bid goes to 5.80p and then 5.90p after another 41K
10:05:41 5.99p 100,000 £5,990
10:07:47 5.98p 41,739 £2,496
The last 10K buy that has moved the 6p offer to 6.20p now.
MMs by now should be short of stock, so any small buys are should be moving the price higher
6.15p +0.30p (5.13%)
Doing well on the charting front as the last 5.95p point is broken and now a clear path to around 7.50p.
Chart .... https://uk.advfn.com/p.php?pid=staticchart&s=L%5Epiri&width=500&height=300&p=2&t=1&dm=2&vol=0&cb=