Member Info for mattwales

dont forget the 50 day moving average will keep sliding as the 20 day moving average rises.

golden cross with the 20 day moving average crossing the 50 day moving average coming up this week.

Relative strength still pretty low.

We keep bouncing back to the 50 day

Realistically we should be well over £2.00 a share at current iron ore prices.

Just a matter of time.

if 12km2 added £4m to their share price at the peak...…...imagine over 200km2

RBW has news of their Zimbabwe agreement today so thats probably why everyone rushed in.
Theirs tiny in comparison to what we will receive.

I mean 13 million tons less than Q4 2019...…..

Nickel we could get that Q1 2020 with Vale shipping 13 million tons of iron ore less than Q4 2020, I expect 62% Iron Ore prices to hit $100. Also Iran has been hit with export duty on iron ore thats a couple of million tons a quarter less too.

With China steel companies moving to efficient steel furnaces based on iron ore pellets I should imagine they will overproduce and because they are more efficient will offset US tariffs.

They will also want to marginalise their Chinese steel competitors who rely on old furnaces mixing coking coal etc.

Lets hope we breakout next week we should Golden cross the 20 day over the 50 day MA by midweek.

My other share Prem has a bull flag and thats also up today so what a day :-)

0.4-0.5 when that hits....if JV alongside could hit 0.8p easily.

u watch this double in less than an hour on EPO sign off

just think next week we have MACD going positive and the 20 day moving average crossing the 50 day moving average after that....the 50 day MA is sliding down so fast the share price will be above it next week and thats more buy indicators.

nice cup and handle forming when u look at that 3 month chart on here too. lets hope we gap up to 200p by end of year.

yeah same here as soon as MACD turns positive.....we could have a repeat of the May/June move, especially with the price still low compared to where the Iron ore price is.

Backtest didn't touch the 20 day moving average either.

MACD should also go positive within 2-3 trading sessions so that should see increasing buys.

Lets hope we can break the 50 day moving average next week that'll produce a flurry of new buy indicators on the chart.

There is a withholding tax form (form 86) u can fill in to reclaim to bring dividend tax to 15%.

Does anyone know if the trading firm you are with does this on your behalf or do you have to claim this yourself?

if MACD goes positive its risen from -14 to -4...…….we could see 180/190s sharpish as chartists rush into buy the trend.

MACD although still negative is rising pretty fast. I expect a major move upwards when it goes positive.

graham, I suggest you look at the times and the trading price for all the large delayed sells.

every big single delayed sell is a buy

you just watch everyone scrambling to get into this, the £300000 placing shares have pretty much been churned in a morning.

cant stop the buys they are piling in

graham, so many buys on this they're masking huge buys as sells from just over an hour ago.