Member Info for deepbluediver

@ Clusterbuck exactly, it works sometime, but not all the time. In this case, charting fell flat (wont be the first time it happen) .. good some of us dipped in yesterday.. lets see how high this goes up today. or down...

@mdrake likely the case seeing where the price sits now

@ dai2belts - good we picked some yesterday. if it dips around yesterday sp today, i will dip in. if not, i will sit on my hands. shame, was hoping to get my milestone .. oh well.

yea, price is still going up, 13.2 to sell and 13.3 to buy now.. wondering if the MMs are pushing it up before 100m shares start top slicing (maybe not ?)

No dips?

thanks Steve58...

agree, 88p is still a great number!

@dai2belts
i assume so (but i have one). I prefer IG account to HL.

mdrake
Hannam & Partners sp target in the link below and excerpt:

Link: https://cdn-ceo-ca.s3.amazonaws.com/1funjk8-Helium_One_Initiation_note_Final_14_Dec_2020_RB2.pdf

"Exploration drilling in Q2 2020 targeting 18bcf worth £1.02/sh unrisked HE1 intends to drill three exploration wells (on the Kasuku, Itumbula and Mbuni prospects) within the Rukwa licence in Q2’21. Each well should take a month to drill but helium shows in the mudlogs could be reportable prior to hole completion. We carry 34p/sh of unrisked and 3p/sh of risked value on average for each well. A substantial part of the overall risking relates to the “play” risk, which is the same for all prospects. Therefore, if one well is successful, it would derisk HE1’s other targets. We estimate that it could double
the overall chance of success for the other prospects. "

Thanks @dai2belts
enjoying the video - good tutorial and very clear. I did the uptrend plot on IG following tutorial and saw we breached the 50% mark (now down to 62.8%). will check other indicators...

i concur - i had 1 buy some months back that was shown as a sell (mentioned in the bb somewhere) - still dont know why. Just had a look at Kist BB too which i have another whale size holding, saw someone else commented the same (buy noted as sell).

Err..ok. my buy is shown as a buy...

Mdrake
"I hope the theory of placements selling forward is correct as it would explain alot of what's going on right now."

I dont know if this is possible. in fact, i just dont know. maybe someone on this bb have more experience to help.

my two cents worth is it might be sentiment driving the price down as people are expecting tomorrow for the sp to tank slightly in anticipation of institution top slicing / dumping.
a few here are selling (yesterday and today with the hope of coming back in, maybe thats it.)

likely i am wrong..

both mine was shown here as buy. not always the case though, there was time it was shown as a sell (old transaction, somewhere on this bb).

21-Apr-21 11:22:34 11.87 50,000 Buy* 11.80 11.90 5,935 O <- mine
21-Apr-21 11:21:55 11.87 857 Buy* 11.80 11.90 101.73 O
21-Apr-21 11:21:54 11.87 4,212 Buy* 11.80 11.90 499.96 O
21-Apr-21 11:18:52 11.86 2,500 Buy* 11.80 11.90 296.50 O
21-Apr-21 11:18:47 11.86 4,115 Buy* 11.80 11.90 488.04 O
21-Apr-21 11:18:25 11.86 16,821 Buy* 11.80 11.90 1,995 O
21-Apr-21 11:17:32 11.87 42,022 Buy* 11.80 11.90 4,988 O <- mine

I wont buy anymore today unless its down to 11.2p or less (alert set @ 11.2 and 10.5). Else, tomorrow will look out for price below today's buy level.

I assume "all bets are off" case - we hit a lowly 2.86p according to the retracement... downtrend.

and another small buy at 50,000 shares at the same price 11.87p...

mdrake I don't know myself

just did a small buy 42,022 shares @ 11.8p...

Another attempt:

INPUT
Downtrend
High (a) = 14.6 (13 April)
Low (b) = 10.27 (16 April)
Custom (c) = 14.2 (20 April)

OUTPUTS
Retracements
138.2% 16.2541
100% (a) 14.6
76.4% 13.5781
61.8% 12.9459
50% 12.435
38.2% 11.9241 (target, we saw this now)
23.6% 11.2919 (perhaps a target?)
0% (b) 10.27 (can it go this low?)

Extentions (no clue about this. will do some reading)
23.6% 13.1781
38.2% 12.5459
50% 12.035
61.8% 11.5241
100% 9.87
138.2% 8.2159
161.8% 7.1941
200% 5.54
261.8% 2.8641

sorry Dai - i just noticed i used the uptrend! not retracement.. doh. let me try again.

If it retraces to 50%, it would be 10.84p. 10.9 or 11p perhaps?

A higher retracement @ 38.2% gives 11.75p (call it 11.8- 12p)

Oh i like this. Helps me a lot, also now i know my charting is nonsense.. hahaha.. thanks Dai.

So,
High (b) =14.68 p on 13 April
Low (a)= 7p on 26 march
Custom (c)= 10.27p on 16 April

Retracements
0% (b) 14.68
23.6% 12.8675
38.2% 11.7462
50% 10.84
61.8% 9.9338
76.4% 8.8125
100% (a) 7
138.2% 4.0662

the sp now is at 38.2% Fibo retracement (11.9p). . I expect some resistance around this price (11.8 - 12p). the next down is ~11.3p resistance @23.6% retracement.

limit order in @ 262,500 shares in two tranches @ 11.4p for today (just in case it dipped).. fingers crossed.

i'll double it if it goes through.