Member Info for Chartist2

Two minutes to go.
Good to see at least 39 and 41 re established.

Nice lunchtime breakout so far. If buyers cut through 41.75, then quick rise to 45.50.

The overall outlook still stands, if this holds firm above 39 and 41. No advice meant, Alfacomp. Best to DYOR !

Share price bhoy, as you can imagine, I will stick to the TA research from Tuesday night: If 41 is fully regained, then new bull trend in the making. '...Good luck if you're making money with this strategy, however I'd strongly suggest that with BMN, you simply buy a bundle and sit back for at least more than...'

Rob, if it holds, it holds. If the price moves it moves. Automated trading simply adapts to the new and actual facts on the ground.

In my opinion if 41.75 is surpassed, then rise to 45.50p.

Vote up for that, Expert! Nice one.
Also good to see that BMN manages to regain the important 39 and 41p lines, with decent 50k buys coming in. It looks like "41p" will soon be fully established. Looking foward to the next TA on tradesignal.

Sp will likely bounce off 40.80 - 41.10p for a while. The TA focus is on the mid-price. (Goodbye, cindercone!)

gkb47, who needs the lottery! Look around, happieness wherever you see; NickDerby with millions of shares, Expert fully loaded with 3M+, not to mention RickKen in Kensington :)) Honestly, if you had a few multibags on the Ftse by mid 2018, you walk around with a smile on your face today. Nice rise so far! If the mid price establishes above 40.80p, then theres soon a new positive chart pic. Important now to hold this line, and not fall back again.

Well said, Daisan and Sanchez! First new life started today with regaining well above 38.80, and now even attempting 39ish. Hopefully we'll take on 41p (40.80) soon.

Glad to see BMN trying to stabilize now above the important 38ish support. Truly hope it can find new grip here.

Copper down. Asiamet up. Like mindanao mentioned, the commodity price has little influence for ARS right now.

...and further retrace. In my opinion people are derisking with shares that are too exposed in these times of global market shakeout.

Aussieland edging a little higher: 'Australian stocks trade cautiously on the first trading day of 2019...' cnbc.com/2019/01/02/asia-markets-us-china-trade-currencies-xi-speech-in-focus.html

Fair enough, Expert. Still a little surprized though, that your mentioned mere 2-3M sells could have taken this from 49 down to 36p, within just a few days. Time will tell, whats behind that. ------- '...think you're just stating the obvious without really predicting anything.' HaleSpur Good man, for me it's been quite valuable to have known, if the Sp bounces off 49p, then BMN will drive -20 or 25% lower, within a few weeks time. This did happen, right? Today its valuable for me to know that I can sit back and wait untill BMN breaks above the upper barriers. Also I find it valuable to know if 37p is breached, then BMN will resume a completely new downtrend. What to do with this sort of info??? 'Life's what you make it!' (My favourite british singers.)

Trading pattern looks much better now. New life in here if .55 is fully regained. DYOR!

Yup, could touch 0.45 again. Whats the weakness here anyways...?

Expect some share accumulation starting the new calender year. Some of the ii's might have been reluctant to buy towards year end...

I truly hope so! Brother, my new year strategy is perfectly fine, if the Ftse manages to stabilize again. ------- '...hate to ruin your New Year, but BMN SP will follow the business model, the H2 financials, the dividend news, the Mokopane licence.' Expert Absolutely! BMN will see everything you mentioned ...if the Sp manages to rise above 41 and 47p and hold above those crucial lines. If not, then there is a 'distressed' seller in the background, for an important reason. Just my opinion.

*new year ahead (typo)

As for my chart opinion: Hopefully BMN will soon manages to escape from this silly cage below 39 and 41p. No technical advice meant whatsoever. Just let the Sp speak the truth: - first new life if 41 is fully regained - large wave of buyers only if the massive 47 wall is climbed - right now Bmn needs to hold firm above 38.50 - 39.10p at all cost - if it keeps bouncing away from here in the next days, then expect 34.50 to be retested again, plus further lows But lets not go into wild speculation, with the new year agead, and great fundamentals. Yes, all is well if 38ish is firmly held. Any bearish pattern is confirmed only if 37.10 is breached. I'm just counting cards and uninterested about the actual reason for this mid term weakness. Let some of our astute LT fundamental investors find out the reason why there is a seller in the background.