focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Some ideas about how the next week or two could playout, within this giant pennant we're forming. Drop for the next couple of days, reaching the upward trendline at around 108, bounce from there and with something positive coming out of the AGM, pushing us higher through next week. Shouldn't take much then to break the downward trendline somewhere around 124 and spark a proper reversal of the trend. Bunching up EMAs and hidden bullish divergence on the Stoch support this case. Just some thoughts. https://www.tradingview.com/x/yZZf3KWn/
You're contributions have been a real breath of fresh air on these boards lately TBB. Good to have someone around that seems to actually know what they're talking about, amongst all the others whinging/moaning/hoping/dreaming. Keep up the schooling!
Good to see Old Mutual topping up at this level, shows confidence.
Decent look at the IQE chart from Nicola Duke on ********** podcast, looking at targets of 162p followed by 204p. https://youtu.be/2EfeX6q6bkU?t=417 We just need to get over that 200day moving average.
That photo is just a random photo from Velocys's image library, nothing to do with the leak itself https://www.velocys.com/news/image-library/ I'm sure we'll be kept informed. As long as they're still producing. This isn't the end of the world, it just slows things down a bit. Still plenty positive news on the horizon to overshadow this temporary blip.
No one's claimed there's a deal, no one's misinterpreted what 14's said as there being a deal and the chaps have just been hypothesising about a deal. Nothing wrong with that. I don't see any ramping. You pair could start a fight in an empty house!
Update on the daily chart, looking like it's maybe finding a bottom, unable to break below 18p and with higher lows appearing on the oscillators, it's looking possible we may see a reversal to the upside anytime soon.
We just had a 20day over 50day golden cross on the Simple Moving Averages on the 16th April and more recently the Exponential Moving Averages cross on the 4th May, to coincide with the gap up. There's a natural stall here, hitting the 23.6% Fib at 17p and overbought on the RSI . Next big goal is to get towards the 200day MA and across that downward trendline. All looking good to happen and meet Zak's target's mid-term. https://www.tradingview.com/x/xsdPIdSR/
Great review of the VLS chart from Zak Mir this morning https://youtu.be/2894Pet5YsQ?t=203 targeting 28p short/mid-term.
Zooming out to the weekly chart, I've noticed Hidden Bullish Divergence in the RSI. Hopefully a good indicator that we'll start to see things rise closer to broker's targets towards Ex-Dividend Date. https://www.tradingview.com/x/jVwBd4gZ/
That's really interesting, I recently read about how the next iteration of the Apple Watch was going to take the HRM features a step further with ECG and wondered to myself if it was something that IQE might play a part in. Really couldn't say myself though.
Ahh awesome, I was looking at the English version. Things certainly do seem to have picked up pace this week, we could be in for a nice surprise anytime soon. Here's a translated link to the announcements for anyone else interested. https://translate.google.com/translate?depth=1&hl=en&prev=search&rurl=translate.google.co.uk&sl=sv&sp=nmt4&u=https://www.sgu.se/bergsstaten/om-bergsstaten/kungorelser/
Hey Mega, can you tell us where on the Mining Inspectorate site you're seeing this glut of permit awards, I don't see any news posted beyond 2014. I know we can see on the Mapviewer, but it's hard to dig around and find actual recent activity, maybe I'm missing something?
You might well have picked a good day to top up. I could be wrong, but we might see a reversal from here with Bullish Divergence on both the Stoch and RSI https://www.tradingview.com/x/bCnKeYex/
"AMS forecasts a rebound post Q2 - they obviously think that Apple utilisation will recover quickly, and are continuing to build production capacity to meet a 60% CAGR forecast." Apple will bring the 3D sensing tech across the full range over time (this year at my guess), as will most other smartphones. Any weakness in iPhone X sales is just a temporary blip. 🤷🏻‍♂️