Member Info for Chartist2

Sp more or less stabilized now, but it seems to want to reconnect with former support once more.
IMO all is well as long as 6.75p maintained.

(A bit odd to see small trades going through for 7.15p, while the price is well below.)

The automated supporting buyer back on the scene?

23-Oct-18 / 11:12:11 / 4.9999 / 50,000 Buy* 4.705.002,500O

But lets not forget that with the main market retrace more and more professional or private investors will also come under pressure with other shares and try to de-risk. Just normal.

Ha! You must like poker games, mazik !
I don't like them, and I wish you best of luck with your XXL holding here!

..and 455p, with the mid term support line nicely maintained again. Current retrace is due to large stakeholders coming under pressure with other stocks. Whether ii's or PIs, people simply want to make sure to lock in some gains from 2018 (before being locked in themselves).

Whoever didn't bother about the sell warning from 526 and 515 is probably not bothered anyway. This is just a mid term (global market related) retrace.

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IMO its safe to hold as long as 462 is maintained. If breached, then retrace to 455 where it will likely hold again. Only if 450p folds, then final attempts to push the heads underwater to 435.

IMO best to look for larger, 200-250k trades, well above 6.80p that could be supporting maintenance buys.

...first positive signal only when 7.15 established.
IMO new buy signal only if 7.75 are climbed (sure thing confirmed from 7.85 and 8.10p)

GL with your individual strategy.

So far the new entry signal from 6.15 has worked very well. Also the 5.90 support has held nicely, during a time when people were panicking. Again, feel free to disagree, Daisan !

TA its important now to maintain at least the 6.70 - 6.90 support from Oct 2017. Otherwise new weeklong retrace. LTh's probably unbothered, as many hold nice 2 - 3ish averages. Best of luck with your strategy and/or possible top up during capital raise!

I for one will merely risk until the latest entry at 6.15 and 6.35p.

"Why should the sp move? It's hardly moved in the last year."

Got to savor this once more! Wonderful!
Yes, Costello, lets ask around what the expert say. Why exactly has ARS stopped its several year lasting winning streak back in April? What happened back then, apart from Steven leaving the operation?

So far PIs were blaming the weak commodity price, which in my opinion has little effect to explorers. Many on here also said that ARS was completely independent from the main market and will no suffer from the usual October setback...

Low: 447.90
And KAZ nicely touched 440ish again and is trying to create a second bottom there.

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IMO its safe to hold as long as 462 is maintained. If breached, then retrace to 455 where it will likely hold again. Only if 450p folds, then final attempts to push the heads underwater to 435.

Sp still held firm above the mentioned 507p support.

Thank you thank you Costello for this wonderful 5 min laughter!! You are so right! Although some people will quickly disagree that the Sp has not performed well in 2018 :))

"Tuesdays rise", people meant to say rebound. Nothing about a new, long term rise. For now that is.
In my opinion, one of the days, with the main markets crashing and more pressure building, one of the large cap miners could try to takeover ARS on the cheap.
Very important to do price maintenance now!

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"Why should the sp move? It's hardly moved in the last year."

Steven Hughes is just one of the puzzle pieces of Asiamets yearlong disappointing act... But feel free to disagree, Daisan!

- ARS share price established this spring around 12.40 - 14.20p, in early March.
- At the end of March the price dropped back to 11.50p for some weird reason (23 March)
- The price went lower right into April to 11p
- And continued to drop from mid may till 10p at the end of May.
- Followed by astonishing weakness in mid July to 9.50p (10 July)
- And a massive price attack down to 8.90p (10 August) and 8.80 (on 24 Aug)

Not a success story really. But feel free to blame the copper price. No, Daisan, the sudden sideshow with the protests have nothing to do with this very disappointing year since April 2018.
Lets be honest, ask yourself what changed back in April?

Like said, it would hold for now about 6.70ish levels.
Good to see if 7.15 established again.
Now all eyes on the US market which is set to open 300 pts lower today :))

Sp likely hold firm above 4.70 - 4.75p.

Bid no lid, you make it sound as if Farrier is some private punter who had too much money in his hands.
This is quite unlikely, given his career at a large UK pharma marketing house.
- With a fat 13% share, Mr Farrier has become a strategic stakeholder for this company.
- If he exits, then Nigels company is in trouble.
- Would you bring a million investment into a high risk share at 10p(!), without any confirmation and outlook from company directors?? I wouldn't.
- Would you hold on to your 1M+ investment while the Sp drops through 10p, 9p and 8p? Very unlikely!

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"I don't think it was sufficient to balance out the hit he has taken from his biggest investment at around the 10p mark to its current 5p." Bid no lid

Technically the Sp will likely hold firm now above 6.70p.
Like mentioned on Friday: If ARS manages to recoup 6.50p, that's already good news from TA point of view.

MenoMosso, if like you say someone is doing this to scare people away and make people sell, then someone must have an agenda, right?
Why would someone try to washout large, long term private holders like Mindanao?

Your the man! Now lets see if we can take 7.80 and 8.25p one of these days.
The Sp will also attempt to rebound and close some of the upper gaps that cut into the chart.

(Next wave of buyers tomorrow, when 7.72 are climbed.)

IMHO its safe to hold as long as 465 is maintained. If breached, then 459 shall be tested again. First positive sign tomorrow starts from early 480's. New mid term buy only if 494 climbed. Dyor

Please excuse my pigeon English, mindanao.
I wrote that Steven Hughes jumped the project / jumped the outfit / jumped the operation - never mind how many shares holds.
Eversince he "jumped" the Sp has declined from 13p over to 11p, 9p and 5p recently.
Just an observation. Maybe you see Asiamet shareholders value has been a mega success in 2017?
Maybe :))

Bid no lid, I dont think that someone who kept buying N4 from 3p, 4p, 6p, then sold 20ish and 30ish (while ramping), and later bought all of his shares back and topped up as much that he crossed the RNS line with a large 13% stakeholding, I dont think that he is in a bad shape today. - I think that a large part of his 12M+ shares are freebies today. - David Farrier is looking back on a decade long career as manager for an important UK pharma dealing house. - In my opinion NT told him what Nuvec could be worth and what offers he has been given. This is why Farrier brought large capital in here. Whatever happens with N4, Nigel will call Farrier for backup. For instance for a quick 15-20p management buyout. Later they could market Nuvec for 100p+. I would do it that way. No, I dont think that Farrier is in a bad shape at all :))

...plus Saudi Arabian prince gone crazy, possible oil spike, russian nuke deal, chinese stock market about to crash (80% of population fully invested in overrated chinese mainland stocks), terrible draught raising the beer prices, and of course the caravan of mexican immigrants. What a world:)) ----------- "Add to this the Trade wars,Italian budget, Brexit,Usa bond prices and the Nov mid term elections to name a few."

Ha ha, lets see if PFG will also be taken over some days. That would be an interesting scenario for a change!

What? Broker mentions 730ish price target mid term?