Member Info for Chartist2

...all right, by the looks of it, they might take on 1485 pretty soon!

Price seems to be ticking up a little. As for technicals, IMO the most important barrier is 1485, which would need to be climbed 'near term' to keep up this rebound momentum. DYOR - and enjoy the new week everyone!

In my opinion the Sp could keep bouncing for another while at 562p. If climbed, then rise and testing of the 573 wall. Best to DYOR!

Nice rise last week for you guys! Sp now back to some of our selling points from December. So whats on the menue next?

You're a decent chap, Clarkgrisworld. You are allright.
Hey, why overdo everything? How can a second opinion from any (legal) LSE poster be so frightening to you guys?? Just let them say what they like to say, it has no influence on the Sp whatsoever.
Bmn is trading as it is because of a possible seller in the background. Lets accept that, and then search for the next valid bottom support line here.
That could be 36p and 30.30p. Just my humble opinion as private investor.

19:10
"Not shorting - that means you are looking for a lower entry point then?"

gkb47 and Clarkgrisworld,
You seem decent genuine holders, so I gladly reply:
I dont need a cheaper entry price! In none of my private purchases I look for the world cheap nor discount.
What I am looking for here is that BMN signals a new LT uptrend. But they are not. At the moment in my opinion TA point to a further deflation after the too fast rise.
Guys, I dont mind what price I have to pay. Even if I have to buy back my shares at 48ish again. Why dont I bother? Because as soon as a valid new uptrend starts, I will be rewarded greatly, within just a few weeks time.

And whats funny: I still hold one slice at 35.50p, given the good spirit on this board :))

1onic, whats your take on things this week? Will you trade on through that Brexit vote on Wednesday - or stay on the side?

Obviously we can see that recently you bought in here substantially. But aren't you overdoing the positivity a tiny little bit...? :)) ------- 'This is once in a blue moon chance to make huge huge gains in a small period of time. For some its been a long ten years, however for some new buyers this is the moment all been waiting for.' Profit_profit

AJ, nice one! But at first we have to surpass the ongoing 14.50p barrier, where the Sp kept bouncing for quite a while. Throughout 2018 someone seems to have placed large sells there. Enjoy the new week!

Good to see you here too,.QueenElvis! In my opinion the share price is slowly creating new highs, and the lows are fading... @marineville, the current rise towards 1,600ish is still just a technical reaction after too fast (and unfounded) retrace. Never mind the fundamentals, a share tends to correct and balance out again. Personally I see 1,800 - 2,000p fair chart level as of February/March.

(Thank you cindercone & friends for using the filter function! I will do the same. Always best to keep peace and respect on a public bb.)

Thanks for the upticks by the way.
Enjoy your Sunday and the start to the new trading week ahead!
Hopefully BMN will soon manage to rise through this monthlong barrier.

Just checked in, and sorry for the late reply, Endion! On Sundays we usually go for an excursion, such as the train with panorama windows. Anyway, I enjoyed our discussion last night whike watching a concert in TV. And no worries whatsoever! I hope my short term investing idea is not disrupting anyones LT holding strategy. '...it is only becauae of people with normal daytime jobs that enables you to sit at home and daytrade.' Endion Could you finess this point? Why does my decision to become a private investor have anything to do with your profession / yout daytime work? Like said, most people have the comfort of a daytime work, and dont need to generate any profit. Moreover they can sit out losses, such as the newbies at Bmn are doing right now. While daytraders, or monthly swingtraders, put alot of risk on the line. Plus I need to find a method to identify always new winners on the stockmarket - or sure thing losers. Like Bmn and its buy signal from 35p, and sell alert one week later, as from 50p. Did I buy Bmn because of the good fundamentals? No sir, I purely buy the blue ticker on my screen and the volume breakout. Yes, in the early days I used to research every single company, but today I simply dont have the time for that. While I do respect people who see investing as a second hobby and put many hours of their life into researching Bmn. Hats off for that, guys! For me its just another share in the portfolio, and after 4.30pm I like to tune out.

Volatile yes, but this might see 1,600p soon.

"...problem applying this to stocks like BMN as we've seen over recent months is that a Broker/MM could be sitting on a large sell order or warrant exercise and will soak up buying pressure and hence the price doesn't move as expected." With the second inability of BMN to climb the crucial 49-51 line, despite large (private) buying and endless ramping on this board, I suspected just that: A large institutional seller in the background. The lower highs and higher lows in January cobfirmed it for me. Algorythms are one thing. Another thing is to personally observe a highly ramped share that is NOT moving as its ought to, and draw conclusions.

It's a software I subscribe to. But please understand and don't expect me to publish! Each to their own. Usually I get AT trading alert from volume breakout, or sudden selling (as happened here at Bmn). (Noone of the LTHs cares about those signals, so theres no need to go into detail.)

"I couldnt make any sense of that answer." Brother, why shouldn't me, and/or a few friends use one of the best websites for AIM share chat and share info?? Do you want me to move to Advfn? LSE is the place to be.

What was it you wanted to know, Endion? Sorry if I overread it.

"While you simply return to your day time job." This indeed is very humble, Endion. And why is that? Because me as well as 1onic and a few others put huge private risk on the line each week... While you can return to the comfort of a decent daytime employment. I for one dont have that.

Thats very interesting, moosematics! ------ By the way, the reason why I'm keen to pursue this topic is that I was charting shares back in the early 1980s using graph paper, pencil and the FT. In the early 90s I lived in Spain as a teenager, and one of my first shares ever has been CableWireless - purely based on Financial times. Best of luck here, Moosematics! Good to remember one thing: These days lots of software is connected, and if a certain line is climbed, then large money follows. Another goodie is that sometines institutionals get the wrong signal and pay your profit: Their algorythm recognizes an upside breakout..., and we PIs go and selloff our entire holding because we have more knowledge about a share (such as the coal mine recently).