Member Info for Chartist2

More stable than thought, and even with fresh 130k buying today. Sp could push through 925 pretty soon again.

High: 925.00 Sp bouncing at 925 for a while now, establishing the mentioned stable 900ish sideways. Probably for another few days - until the company update released mid January. - new rise only IF 925 is climbed - if climbed, then quick rise to 960 and 1090p (TheTraveller, no need to wait for an exit. Wait for a very good and sure profit here!)

DD77, did you place an AT buy order...? There was an intraday downspike to 866p! Now probably establishing 880-900p sideways trend. (Today sees fundmanagers cashing in their very decent 2017 gains.)

...retrace probably to 910 / 900 and max 890. Safe to hold as long as 890 is maintained.

And here's the mentioned consolidation back to around 900p, with a possibility to tozch 880p one last time. (D77, all up to you now! Would like to see you on board at some stage... Your decision!)

DrSpace, right now it lioks a little overbought and there could be a few days of deflation right now. Retrace will be confirmed IF 925 and 920p is breached - in this case a week of consolidation back to 900 and even 875p. (Ignore this info as long as 920p are maintained.) (Also remember that D77 still needs to find his entry price here:))

Got to correct: If 960 is climbed, then the immediate target is not 1030, but likely 1060 - 1090p. Probably by mid January (although the exact timeframe is not possible to calculate).

Martyl, here a quick overview: > although 929(!) has been touched today, the Sp still battles the 925 wall > if climbrd, then two or three spikes to 960 and finally 1030 > here PFG might calm down for a few weeks and establish an 1000ish sideway trend > if 1030 is breached, then rise to our mid term target of around 1,390p (Its the fair retracement target, calculated when PDG started to breach 2500p this summer.) Will try to calculate an update this weekend on tradesignal-online. DYOR anyways!!

DD77, have you been waiting eversince the 790 and 810p days to buy in here?? Yes, the favourable main market environment heped stabilizing PFG, but there is some other readon for this weeklong rebound. Just days back we've been 800p, right? I think its improved home credit figures that could lead to a partly dividend announcement by mid January. This current up-trend is 100% confirmed if you see the first large buy (and the first small uptick) as from 2-01-2018. Then it is fundmanegers who add PFG to their portfolio for a fresh new start in their yearly balance. (Want to know a secret? According to trading patterns II's funds have started to buy in December - late reporzed buy orders stretched over a month. Once their order is filled in the new year, all of that volume will be registerd as 2018 invesment. Some of the insider bigplayers know this could now see a substantial rise from here, and they dont want that great performence for the 2017 record - which has done great already.)

High: 10.12p After the recent recovery allow the Sp one or two days of consolidation before new year buyers lift it above the bullish trigger (10.25p).

...now struggling at that 920-925 for a day or two. IF 925 is ever climbed, then quick upleg to 960 and 1,030p.

IMHO another decent copper play is Vedanta. Nice recovery stock after this summers copper weakness and the latest rebound. Something is brewing: http://www.lse.co.uk/ShareChart.asp?sharechart=VED&share=vedanta

Keep an eye on the 10ish buyers. 27-Dec-17 /12:20:42 10.6852 / 168,177 Buy* / 17.97k

High: 920 Knocking on heavens door once again. Q4 figures available...? Prepare for 1,030 Pence, folkies

live 10,37 GBX +0,62 (6,36 %) - that 10.25 trigger is being climbed right now - again we see drip drop trades with a step by step rise over several days time (just like the latest selloff) - not sure if its merely copper that is driving this; IMHO its about the next news release - TA now pointing to a 12.80p rise - near term peak should be around 13.30p

903,42 GBX +18,42 (2,08 %) Finally that 885-888 line has been climbed. Anyone with some current news for this rise? - The current rise is set to reach 925p. - If this is climbed, then quick rise to 1,030p

Something is brewing here, folkies! I wouldnt pop-by otherwise. The repeated step by step uplegs are preparing for a rise to about 1,030p, as from TA point of view. The signal is confirmed, when that masdive 889p wall is climbed. Everyone ready and fastened? Best of luck!

hedged, and the puzzle pieces are coming together: 22-Dec-17 / 11:38:47 9.80p / 500,000 / 9.50-10.0049.00kO 22-Dec-17 / 11:38:37 9.75p / 500,000 / 9.50-10.00 / 48.75kO

"...assuming it reached 12.80 as per the Elliot wave, is that anything can happen until you see another pattern emerge which you recognise and the process of trading happens again." Absolutely. All major company news or events on the global markets would instantly takeout the chart projection. But still remain two decent options: 1) Negative global news / company news that leads to a price crash from one day to another. This is very unlikely, as these things did not happen not even in the past five years. So one should not bother about this possibility. 2) Fantastic company news that will lift the Sp to unseen levels. You still don't mind, because you are already positioned when you got your entry signal. All in all TA is simply a road map. It does not show you every bumpy hole on your road, but it tells you "please turn right" after a sudden new TA signal. Up to you, how you handle your entry or at what speed you drive... What will happen when 12.80p are reached? In this case you would hold a long term bullish signal on your desk, despite some more bumpy road. But before too much speculation, lets handle it like that: "We will cross that bride when we come to it", as you say in the UK :))

Just my worthless little opinion anyway! While counting waves, we are also searching for pattern & exceptional moves. Like the decreasing (bearish) MACD bars and these sudden new 300k buys we saw recently. For confirmation simply look at the sudden new Sp performance: Todays high: 10.125 Live price: 9.97 +0.22 (2.26%) Looks like something is brewing behind the scenes, and I am very happy for newcomers who bought in cheap recently or LTH who managed to top-up during that nasty retrace. ------------------ - Strong buy alert if 10.25 - 10.50 is surpassed (mid price) - in this case quick rise to about 12.80p, probably mid January