Member Info for Chartist2

...another buy signal comes as soon as 546p are climbed. In this case possible rebound to 594, and later back above the normal day 640.

Folkies, the good news about Brexit was regarding banks and financial ii's. Its said that UK banks can fully continue to operate in the EU. Astonishing price range!! Haha, not so easy to hold on to your chunk in such a price wobble. High 535.60 Low 500.40

All support lines moved higher together with this weeks (sustained) rise. - IMO its safe to hold as long as 515 intact - very positive that KAZ stayed above the newly gained 530p - next buy if 540-541 finally climbed/held - Friday the Sp might bounce away there one more time and take a short breather - as soon as 541 is fully climbed/maintained, then strong push to 552.50 and later 567 (On a sidenote, instead of looking at some distant carrot, its best to work with step by step targets, like GentlemanJim.) (And look what we have now! Just days back this dog of a share, pardon, was 440ish:)) No advice meant. DYOR lse.co.uk/ShareChart.asp?sharechart=KAZ&share=kaz_minerals

Well said, OJB ! --------- "...just a month ago I recall a similar pattern when the SP rose from the forties to circa 584 - this was ,of course,post-Russian mine acquisition. My guess is - depending on Cu price - this may reach 584 again."

Why the further rise today? Well, its best to recall once more: Asiamet did factually see a perfect 15% spike this week, which TA marks the end of a downtrend. The very painful 5.00-5.50 low (sorry, Mindanao!), could soon become the new LT bottom where insiders see "core" value. This continued rise in my opinion: - Is either purely based on the latest copper rise, but this is unlikely. - It could be because the sudden spike attracted interest of ii's investors, who are using the opportunity to buy low. Take a look at those repeated 100k trades today. - It could be that ARS have a 6p financing in place, with good news making the rounds... - Another reason could be that there really is a largecap miner sniffing, and that in the next few weeks they will announce a genuine stakeholding RNS. - Yet another reason is that a genuine T/o offer is being prepared by a multinational. Never mind that fake announcement this week. In the financial world there are not that many coincidences / erroneous fat fingers ever :)) IMO something is brewing behind the scenes. Time will tell.

Nice sudden rise late afternoon, together with a new upside breakout attempt. Never mind the reason for it. From TA point of view the exact reason doesnt matter at all. Whether its copper picking up, or large holders adding shares. The only thing that counts, is the Sp, that speaks the truth. About the latest "fake news": It doesnt matter what causes a share to make a sudden 15% rebound in the middle of a downtrend. For tech. analysis only counts the fact that this sort of thing is happening. Here at Asiamet this did happen all of a sudden, this week Wednesday. And this brings us to the outlook posted Tuesday night: -------- ARS needs at least one day of sudden large 15%+ rise. This would show new life in here. Usully its inside buyers topping up. Or the company decides for Sp maintenance at a certain level.

Bid no lid, Thank you thank you for this wonderful 5 min healthy laughter!! Goshh! ------- Eddie Lampert rode his Sears bet all the way down to the recent bankruptcy. Bidnolid, why you have such a strong interest in N4P? What has attracted - and kept you locked at this board? You are not holding, right? What do you like about N4P share chat, or the local rampers?

Five min to go. Time to check the facts. Is 540p climbed? No. Are we above the crucial 530? Yes. Looking foward to tomorrow! (Great swing trade, GentlemanJim, as you were one of the early birds 430 - 440ish buyers! No need to bother about TA to do a good swing trade, if you are an experienced, astute investor!)

...Sp still bouncing at the 540p wall. But If it manages to cut through here also, then it is purely for a very important news reason ahead. Usually these extraordinary rises are caused by a wave of large buyers whith "certain knowledge". If the Sp falls back, but holds the newly gained 528-530, then lets be happy, as all is well, and KAZ will prepare for further rational, step by step rises.

Workover, in case you didnt see it last night, here once more the "roadmap" from Wednesday, 11 PM: ----- only if 529.50 is climbed, then rise to 540 where all good things come to an end (for now) This was the short term TA opinion. This is what happened today after the constant bounce at 529 (all day) finally cut through there. Tonight lets calculate the next targets.

Sorry workover, I was referring to 540.

Quite well done, GentlemanJim! Its bouncing from 540, with major traders alerted there. Workover et all, and now allow me to ask you for assistance: What is the news reason for this upleg, as from 2 p.m today? Just the copper price? TA very good sign if it closes above 540 this afternoon, or at least 528-530. Anything above that is wonderful!! Anything below is sh itt. Holding above 528-530 would then transform into a platform for a rise to 553 and possibly 584. But lets first wait for the exact facts this evening.

Buddy, the Sp is hitting a wall at 540p. Our first target has been 530p, the 50-day wall, where the price mostly bounces. Proof has been the bounce off 530 all day today. But then, with persistant buying (likely news driven) a share can indeed rise above that. No problem, because you and me are still invested. Use both workds: TA as the roadmap, and news (copper) as a bonus. "Has gone even up more..." Best to ignore second and minute lasting rise, if it falls back minutes later. The hourly chart counts. ----- pro traders started taking coins off desk” it has gone up even more !!!

IMO pro investors with trading software, now automatically alerted of the 540 barrier, taking some coins off the desk: 540.70 / 6,439 / 34.82k

(Sorry for clogging: Sp now bouncing at the massive 540 wall.)

If it cuts through this 540ish like butter and holds there at todays closing, we can expect a purely news driven rise (nothing to do with charts).

Woshh, still holding !! If 540 maintained, then rise to 551-553 today or tomorrow. Still invested since 462 and 470ish.

Lets see if it can make it through 540p, but for now this is the target IMO. (The chart tries to balance / cut back all too steep single movements.) ----- only if 529.50 is climbed, then rise to 540 where all good things come to an end (for now)

...and 537p ! So theres the upside breakout! Now it will show if it stays above 529-530p. Closing above would be a massiv bullish signal. Right now it still risks to drop back to 529-530 later on.

No, honestly: Noone and nothing in this world can bring back our loved ones whom we remember today... (Sorry for clogging the bb.)