Member Info for Dave_Ena_Merkel

Fres has been taken off Morgan Stanley uk index so tracker funds will be readjusting for 27th may.

..and silver goes up and Fres goes down! Lol!

Ah look at that - silver reversed too and pushing 28...

Sweeeet!

Ha ha! Only Fres could be up when silver is down 1%. Melt down nearly over?

Waiting patiently for the eruption!

https://youtu.be/ZduDvIBu3EU

All makes sense now. Thanks for clarity. The share price movements have been so counter intuitive.

The value won’t go unnoticed. When selling is done and shorts unwind we should get the move up we’ve been waiting for.

I expect it’ll come at same time as buy recommendations - take with ouch of salt but from weekend https://www.fool.co.uk/investing/2021/05/22/the-fresnillo-share-price-looks-cheap-to-me-i-might-buy/

Yup - I expect more of these as share price flounders.

Godspeed!

You jinx - just gap fill hopefully.

Gotta consolidate above 940p first.

Carve, I thought last week it would break the wedge and we coulda touched 10 maybe, but it’s just a week late, it’s all on track to happen now. However as you know, nothing is guaranteed and markets don’t make it simple. Significantly, the last swing high was taken out this morning with 945p so we’ve confirmed reversal and bottom is in for this run. We’re in a small wave 3 now. We should test 200day ema soon (currently around 988p) and hopefully push on to about 1064. Resistance at various points on way - where we are now and next 960p. Godspeed!

Of a morning even! Lol!

Ha, ha, I thought that too! Lol!

Nice reversal candle and close on high of day. After falling wedge was invalidated last week, we now got an inverse head and shoulders formed that I mentioned last week. Bulls let’s go!

https://www.screencast.com/t/Kbhhl8h3H

Good luck

Deep **** Value offered on a wobbly plate this morning for anyone who had the nerve!

Surely manipulation. Nothing else explains it!

Hold tight!

Crazy Price action! It feels like clutching at straws, but looking at chart it’s forming an inverse head and shoulders on daily; neckline near 9 quid. Doh! Next week then....

Surely today. Retrace to 61.8% fib was completed yesterday. Scared to jinx it - ‘gold and silver on the move’ lol!

https://www.screencast.com/t/IFLf8jMiue

Good luck.

Awful party! Doh! Only a matter of time, silver and gold are ****ed, that’s a start. Lol! You couldn’t make it up!

Tick tick!

‘Hey - oh, let’s go!’

https://youtu.be/TYh1lRR1m6Y

https://youtu.be/7VKp58eHWdU

Fudged my fibs before - 0.382% retrace today of last move low to high, not 61.8 - I wasn’t paying attention, looking good for tomorrow with silver and gold on the move. Let’s see if it holds overnight. Godspeed! Gap up?

https://www.screencast.com/t/WBQaovhO

Correction to my post, was going from memory, 61.8 fib retracement is at 867, but I still dunno what you’re talking about! Lol!

Why are you patting yourself on the back? You sold in the 880’s and it carried on up to 940’s? You’d still have got more selling now so what the hell are u talking about. Today Fres retraced 61.8% (roughly 896p) of last move - swing low 820p to swing high 842p.

It’s gonna close above descending resistance above wedge and above 12 day moving average, so still bullish. CPI numbers tomorrow will get the party started....

Lol!