Member Info for MasterRSI

A good start of the day and on the up, though the large spread maybe will not encourage the buyers, spread 10.30 v 11p +0.40p

we had a breakout as the share price was higher on the intraday and closing price.

chart with comment of the breakout ... https://uk.advfn.com/p.php?pid=chartscreenshot&u=gy2k01yi***mp/k3lmsoqsu7bu9mfi1yf6z0cc9pj40=

GOLD and the rest of the Metals are on the RISE this afternoon.

10.30p (10.10 v 10.50p ) + 0.70 (7.29%) With that the BREAKOUT has happened as the last Intraday high was 10.15p and it is with volume so very bullish.

chart with volume ... http://uk.advfn.com/p.php?pid=staticchart&s=L%5EEEE&width=500&height=205&p=1&t=1&dm=2&vol=1&cb=

Things are looking better it seems, slowly the good reports are on the way ....

" June 3 (Reuters) - British manufacturers reported a return to growth last month after a long slowdown, according to a survey published on Monday, but the higher prices charged by firms may add to the Bank of England's caution about cutting interest rates.

The final reading of the S&P Global UK Manufacturing Purchasing Managers' Index for May rose to 51.2 from 49.1 in April, its highest since July 2022 when a surge in energy prices was starting to hit the sector."......

MMs were paying earlier 9.898p for sales

So now they had gone to 9.80p bid, and with that much closer to a BREAKOUT.

Chart .... http://uk.advfn.com/p.php?pid=staticchart&s=L%5EEEE&width=500&height=305&p=2&t=1&dm=2&cb=

Re- The 150K buyer has been busy

3X150k and with that, the share price is to go places soon, already mid 10p

There is some interest this morning in the shares, despite the metal prices going nowhere, the bid is up to 9.50p after a few good-sized buys.

Easy up easy down, spikes ( last Friday ) do not last

A bullish Inverted Hammer on the chart last Friday

Chart with comment .... https://uk.advfn.com/p.php?pid=chartscreenshot&u=Z9g9Pi8q7cX4xoRjygIEuPKVQBt5ooJRRMOeyoW5dZo=

Well done to those buying at this low price as now the share price is telling the bottom was reached this morning.

spread now 0.642 v 0.666. and what a spike .. intraday chart .. http://www.advfn.com/p.php?pid=staticchart&s=L%5EKEFI&width=245&height=335&p=0&t=1&cb=

And now 0.63 v 0.648p

Is going the right way UP

That is much better 0.62 v 0.638p

12 Million shares traded

A 5m BUY @ 0.62p should clear any overhang by now.

It looks like the share price has reached the bottom of this cycle with the spread of 0.604 v 0.62p, with a retracement of close to 78.6%, well over the normal 61.8%.

Buyers are taking over at this point with the last buys paying 0.6193p

Chart .. https://uk.advfn.com/p.php?pid=chartscreenshot&u=4MD%20jMkDz4YBFbFAtekoTwYu3TvRjD0pZlsm0MWPeCE=

No many trades but the one showing are large, enough to move UP the share price, and the large one is close to the full offer 9.60p, so any good buying could see further rise.

08:58:31 40,000 8.58p

It is full of buys this morning, as the 200K is back and the 2X 233K are a rollover, a good 1M shares traded and the cheap shares on this cycle are gone after reaching the bottom yesterday.

The STUPID one is the one with BIG mouth and no Trousers (You need a good Dust down as some people call them Baaaaaa, on Sons of and many more, just for your porkies are made of pork, I suppose if you look at the mirror you will see ONE.

Is Dusty laying down? My call ? I have done none of that for a long time over here, and my call as you say are short-term ( cycle movement usually of 3 weeks ). Porkies once again to cover you bad decision of not buying 4 weeks ago when it was at the bottom. You may show me my call. But for down you will have to stand UP.

But I did an "UPS" on the 2 May at my thread.. (UPS means is on the way up on the cycle.)

Master RSI 2 May '24 - 08:48 - 31 of 499 Edit

UPS - EEE 6.95p ( 6.70 v 7.20p

On the ups and downs of this Gold and Copper share, yesterday it looked like it was the lowest in this cycle. Despite good results on the drilling the share price holds at lows.

The bid price has gone better to 255p from 250p

A large delayed trade is most likely for the rise in the bid. Volume of 34K so far