Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Link below to a recent YouTube financial analysis video that may be of interest to some.
https://www.youtube.com/watch?v=Njo8TWJ0NmQ
Link below to a You Tube video - 5 minutes 26 seconds in Dr David Paul of Vector Vest discusses the Games Workshop SP which may be off interest to some.
https://www.youtube.com/watch?v=GmhOV9yRxaU
@HeresHopin – I was asked to justify the 947.50 & replied & traders jumped in @ 947.50 for a reason.
If a day trader caught all of the move then approximately 7% was made on the way up & 5.50% on the way down.
BTW – I’m a LTH & not a day trader but knowing day trading strategies comes in very handy when looking for entry points.
@Treacle24 – I read posts often but don't tend to comment so much. I agree & the SP is above the Daily 200 SMA so I would expect some additional buying pressure. Trade with the trend & expect day / swing traders to make money intraday going long & or short.
@ Whoami2020
A day trading strategy: This morning’s high & low were @ the open (low) & @ 9.05am (high).
Using FIB Retracement, the 50% level was around 947.5 & the SP kissed this level twice (10.00am & 11.45am) & the 2nd time as a retest. That was the level / time to go long.
This afternoon the SP @ 1015 was @ 138.20% & a decent level for profit taking & then going short for the afternoon @ 3.15pm. This afternoon @ 3.40pm the SP bounced on the 70.70% level which was a sensible place for the day traders to close their short positions.
Day traders made a healthy profit for the day on the way up & then on the way down & if the above day trading strategy was being implemented, then you wouldn’t go long again until the SP was below 947.5.
Link below to Ted Wainman's recent analysis of CINE which may be of interest to some.
https://www.youtube.com/watch?v=F7su7rapP9M
Link below to an interesting analysis of the main UK house builders from Dr David Paul @ VectorVest.
https://www.youtube.com/watch?v=xKaXuthR75k
Link below to The Times You Tube video filmed in the Burnley warehouse.
https://www.youtube.com/watch?v=QipH8C6eCmc
Dr David Paul of VestorVest posts about market conditions every few weeks & it's always interesting to see what his software is printing regarding trends & if its an appropriate time to buy or not to buy)!
First 4 minutes may be of interest to some here.
https://www.youtube.com/watch?v=hfQW7iwss8Y
Screen shot link to BOO Monthly chart below - The vertical blue lines are approximately equal & note this is very basic TA.
https://ibb.co/KX8VFTX
The August inflation figures released on the 14th September if favorable to the market could be the news catalyst BOO & ASC need. BOO results on the 28th September if also favorable could boost the ASC sp ahead of their results on the 12th October. It's going to be an interesting few weeks & DYOR!
From their website:
Joules intends to release its Full Year results for FY22 in September 2022.
Clear & concise quick analysis / overview of RMG.
https://www.youtube.com/watch?v=qg46PA31hvg