Member Info for Chartist2

Andy, although me I do believe in certain coincidence in life..., there is very little coincidence in the world of business and finance. Especially on the AIM. Especially where JPm are involved. Very very odd coincide - you have to agree to that - that the last "hype" came with SH interview, and the large selloff started from 12ish to as low as ridiculous 7.70p. SH has the ability to control on which exact day he shouts and cheers the news from the mountain. He did it exactly during the last (empty) share spike. Very well timed in my opinion. Those who bought last are now locked-in for a while. Maybe this tests again 7ish? Maybe the wider picture is improving: But some people are still locked in right into the new year. Not so nice, is it? (No, I am not referring to punters with 2 or 3Ks who dont bother about tneir "gambling money" and even forget about it or put it in the botzom drawer - with the rest of their super AIM shares. I am referring to family fathers who got soaked in during the web-news hype with a large entry and depend on that sum after two or three month time. Lots of normal PIs work by shifting capital back and forth. From insurance, to real estate, to the stockmarket and back again ad soon as possible. Not so nice to be suddenly locked and depend on what PLC director will say or suggest. Sorry for the rant, Andy! But that thirty or fourty percent price crash (exactly after SH last pump and pump) as well as the drip by drip selling of chunky sells - looks very suspicious to me. Enjoy theChristmas holiday everyone who are still comfortably up from 5 or 6 pence. Everyone else: Heads up! Lets hope for better times.

"Seems to me the chart technicals have prompted sales of stock from the traders to be taken by the long term fundamental holders." Andyforster Right, so now we know why someone offloaded bigtime as from 12.50p down and caused this ridiculous 30-40% price crash over a silly short timeframe... The Sp always speaks the truth: - The Sp has been lowered constantly because there were not enough buyers. While the crowds were hoping for "30p over the weekend"... large II's holders already sat on a 200% or even 500% profit at 10p. Its only logic that they would take a few coins off the desk. - Another fact is that very few PIs can stomach this kind of price crash if they bought three or four hundred K shares during the sharehype in November. Few PIs can stomach 10K+ Pounds loss, some fourteen days after pressing the buy button. And we are just talking about ONE portfolio position! We are not even mentioning other bluechips this PI might hold, such as Vedanta and others who have seen a nasty crash. Once again: Hats off to Steven H. and his well timed pump and pump inteview on proactiveinvestors as well as happy newshype from the mining & money event in London that created the final 12ish spike. This only has enabled large sellers to unload and secure huge gains - perfectly before the year end balance. Always good to bank on insider knowledge. (Pheew, imagine the license came right in the week of their chunky selling!!) Yes, I'm happy to see that larger buyers (100k+) are stabilizing the Sp again these days. Nevertheless the entire share hype activities as seen from September till November seem a bit dodgy to me. But who am I to question the honesty of public listed company directors, ha ha! We need to keep holding and focus on the wider picture:))

...and back to 839p. So the upper barrier remains intact for the time being.

Just give it a rest for once, popplesking. No need to take the pi55 even in christmastime. Even if you dont have a heart, just try to show it for a few days, okay? (You've made your point that charting is bollo ks - for you.) For the majority of institutional investors, the constant recording of trading pattern (also called chart) is the major part of their investment decision; 60% if not 80%. Your comparison to a comedian weather forecast has nothing to do with that and tells me something about your intellectual capacity. But anyway, lets forget about it. Why not try to do some research and share some news with posters here??? As for me: If someone (tradesignal-online) offers me a 75% sure thing roadmap, then I will gladly accept it. No, I dont need a 100% sure thing signal. I have the ablity to risk a bet and sit out a wobble. Honestly, popplesking, why not take your time and think about it. The current roadmap is quite accurate. I am sure you will agree to the following facts: - The Sp is limited by 840 right now - That 850 has still not been touched nor breached Tells me that any rise throufh 840p is a first decent signal of a new long term up-trend. Maybe you dont care (as you seem already invested and at a loss), but other people care and will want to place their buys when the next wave of buying begins. Something is building up with this latest rebound, and we can only speculate what that is. I dont moind the reason for the current (two week) rise, and I prefer to harvst the fruits. (Of course I agree with you that any major news will cripple this fancy chart picture. But why bother about it now?? Why not be part of the rebound? For me the only important thing is to find out where to place my automated entry and exit points.)

Days high 839-840. Next valid long term buy signal comes IF. 850p wall is climbed.

- the 720p wall has nicely been climbed, but the share price could bounce here in the next days - stable new sideways as long as 720p is maintained - once there is fresh buying the current rise could go to 768-770p where all good things come to an end (for now); there is verly likely strong first bounce as from 770p One can always buy back in.

...the first new bullish signal comes if 9.30p is climbed (mid price)

Nice price stabilization recently together with new large buys! Looks like someone is keen to establish a decent 3-month average. Always good to have that in the backhand for furure financial negotiations :)) - the current rebound could go as high as 9.95 where the price will likely bounce - IF indeed the 9.98 barrier is climbed, then new long term buy signal with a first target of 11.70p - the current consolidation looks similar to the PI sharehype/crash in March, so that ARS could see a few weeks wobble within 7.80 - 9.50 i.o. to stabilize - IMHO it remains safe to hold as long as 7.70-8.30 is maintained

Ha ha, Troajan!! Laugh out loud!!! Naaah, no need for big hugs on a share chat:)) I was just happy to provide a 2nd thought during a time when some shouted "all in!" and "this will be 30p by Friday". If only one newbie avoided pressing the buy button as from 12p (before this crashed down fozrty percent), then it has been worthwile. I just hate to see newbies soaked in and people selling on their backs, like those 300k and 400k sellers we've seen right at the beginning of the selloff. On a sidenote: Greatbto see your VED back in the sky!:)) I still have them on my watchlist and will later shift profit from here. (Pop by anytime again for a second opiniin - any share listed on the LSE)

MEM, its unlikely to see anither downspike. Right now there is strong new support as from 806.50p. All well as long as this is maintained.

Steven, yes, while copper got an uptick, the Sp here has created an important bottom reversal signal today around midday. Plse take a look at the "V" shaped intraday chart. The trading pattern shows a sudden selloff down to never before tested lows this winter, followed by large buying. (Pattern explained: Instead of doing price maintenace at all cost, the company together with their financial allies as well as mm's decided to let the Sp drift and see at what price will the market hold firm. Just minutes later we saw large buying - appreciating that some people jumped or got triggered at a very low price.) Confirmation of this reversal comes if 8.50p will be maintained from now. This "V" is a very strong chart signal, which for eg alerts shorters who often close their position after such a reversal. If I would lean out of the window based on this trading pattern, I'd say that strategic holders found out about news to ne released for next week, so that Monday and Tuesday could see a 10-15% recovery spike. Have a good weekend everyone and quality time with your families!

The good news is that the silly large spread has finally narrowed to 3%, so one can soon trade ARS on a daily or weekly basis. "Market's just ignoring all the recent news on the BK prospects" Mikebassets Well said Mike! But ARS still needs financing to develop this, and one opinion is that they could announce a share issue around 8p. If this happens, then there is proof for a deliberate pump and dump this summer. - This is why ARS only climbed slowly this summer with the help of newshype and PIs buying, instead of rising fast with the help of II's. - Someone is now collecting shares from 12p buyers who are forced to sell and who have no possibility to hold out these kinds of losses - The Sp must now hold the 7.70p suport under all circumstances, otherwise this will bottom out at the share price target we had for ARS this summer: 6p. (Still a very large rise for some of the early 2.5 buyers who posted here recently:)) See it positively: That 40-50% share value that has been lost within two or three weeks time has created some very large gains for company insiders and/or strategic traders/holders. Money is simply shifted away from private investors to the hands of professionals. Very suspicious that ARS began crashing just days after the finance event in London. Lets hope they will soon sit together and plan the next share spike!

Low: 7.75 And there came the final push down to 7.70p this morning, which is the normal TA Fibbonacci rectrace (38%) that usually comes after a share spike or an overhyped share price. Well then, thats a severe setback now within merely two or three weeks time. A bit puzzled that I have fallen for this ramp. But like said, now I will even sit out untill my 7.30p entry. Early 5p buyers probably wont bother anyway; instead of their 130% profit they now merely see 80% profit on the screen. Only thing that bugs me is that SH has deliberately ramped ARS and enabled some large investors to sell on the back of smalltraders who only came in from 12p.

Touché! Now exactly touched the mentioned one month low: The 50-day average around 8.50. What goes up will come down at some point, Daisan. Thats about 30% retrace from its peak, and today I take my hat off to those chunky 300 and 400k sellers we saw two weeks ago. Very smart move after Steven Huges obvious PR ramp on proactiveinvestors, to 12.50 Pence (well timed as company managers traveled to the mining & money event in London). (Could it be that they secured financing/ share issue based on 8p per share that has caused some holders to cash in?) Just a thought. Just speculation. I prefer to listen to the truth: The share price. But I see that everyone is still happy and unbothered about their position here. Good! Just make sure the 8.50p line will not be breacbed, or this could see a final flush out movement down to 7.70p. For now lets enjoy the comfort of this very strong support at 8.50 and wait for more newsflow. ------- "A share can maintain skyhigh Stochastics and RSI on the chart over several months, without the need to ever consolidate." Daisan

You see what I mean, TheBaker. Its almost back to the start. Now adjusting my AT buys in case of a new rise. If we are lucky, then this current retrace is part of a "W" shaped new up-trend. Just as in the letter "W", the movement sees one or two setbacks before it manages to climb through that magic 830 and 850p walls.

Up and back down again : )) On a positive note: Todays high was 842p, which is quite decent. The next up-trend will be confirmed if the strong 850 and 875p barriers are climbed.

TheBaker, like said: First this urgently needs to maintain above the 830p line, where lots of buys are sitting. If it keeps bouncing here, then this current down-trend could resume again.

Sp finally makes decent attempts to stabilize after that nasty, weeklong decline. The nice 8.75-8.80 support keeps hollding and is slowly shaping into the base for the nrw up-trend. Next buy signal IMHO only if 9.50p barrier is climbed (mid price). The good news right now: The silly ramping stopped and ARS has reconnected with the reality.

Currently just a short term technical rebound on the chart for Vedanta. Just a normla balance after a weeklong retrace. - IMHO it seems safe to hold as long as 650p is maintained - if breached, then next start of retrace down to 575p - confirmation comes when 650p folds and 615p line is triggered - new buy alert only possible IMHO if the massive 720p wall is climbed

Wow, thats been a quick retrace on the chart this far: Just one more downtick and ARS will revisit its one month low (8.50p), down from the one month high (11.60p). Mindanao, what you do with other posters info is up to you. As you know I simply invest on a monthy basis and look for decent entry and exit points. The majority of shares see a sharp retrace after a 100% spike ...like ARS with its breakout from 5.50p this summer. During a time when the masses were shouting buybuybuy, a simple chart subscription helped avoid pumping in large amounts of cash as from 11.50p ahead. Thank you very much!! Now I only need to sit out this cureent dogsh itt retrace, and not worry about a million other things. Time of life is too precious for that. Enjoy! (Even if holding on to a stock for years means enjoyment to you)