Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Interesting post.I haven't seen many predictions for 22p.Can i find these prominent charters on the net who say 22p as well?,as i need to make a note of them.
It's all about collating the names of chartists and fundamentalists who make good calls on shares,then we can look to them for confirmation in relation to our own views.That really is basic logic as far as i can tell.Filtering them down further we may find that some of them are more accurate when it comes to certain sectors than others.
I have asked you before to explain your position.So could you please enlarge on your prediction of 22p.I am not arguing with you as to your point of view,but could you explain whether it be through Technical or Fundamental analysis how you arrive at 22p.
I take on board everybody's analysis, and point of view,as long as they go through it all and explain itThanking you in advance for your reply.
As i mentioned before on here,38p is a good support.Here we are again at 38p.is there another rally coming from here ?.
It would make things a lot nicer as the longer this sideways rally goes on means that Boo could have a soft landing at circa 32p.From there iif it holds it could mean the start of the big move up,which will happen in an orderly fashion taking quite a few months and probably years.
The next early move down will show us a projection as to where the actual bottom is.Let's hope that we don't get a replay of the 60p to 38p steep drop.Let's hope for a more orderly decline so that it reaches a soft landing.From there i would suggest (as i have said before ),that those underwater could top up to improve their average.
I reckon some topping up has been going on at 38p.To turn things around at this minute, there would need to be some very good news coming out,but is that likely at the moment ?.Where will it be likely to come from ?.
Those who think that 38p is the bottom,have their opinion.I only hope that they hold some back ( IF !!!!) it goes lower.
Good Luck all,and if Boo takes of from 38p up to the skies,and i am proved wrong,i for one won't complain.
Yes,as you know after any steep fall with any share,shares then rally and a sideways move is on.The steeper the fall,the longer the sideways move after,that's what normally happens to all shares like this one on a chart.
But there again you know this i reckon and expect this anyway ?.
Just to ask,a legend in WHOSE mind ?.Happy Investor ?.
Why would you expect an answer to your post.You would need to be on a Forum to expect that.The Internet is full of "geezers"who do their acca's on a Saturday,and are too young to know much.Yet they post as if they are the fount of all knowledge.No answer to your question ?,join the club.
Can anybody tell me the difference if any in Boo's clothing compared to Shein ?.I asked this question yesterday.
Any poster's family who have bought both,did they have an opinion ?.You can be cheap,but crap.
Anybody know ?.
AFTER a 16% plus rise,REALLY, no kidding!!!!!!!!!!!!!!!!!!!.
Please keep us updated about Shein's clothing.It could make a massive difference.Let's hope the garments are as wooden as their swords (see my post re Buffets "moat".)
Ok so you and i differ slightly in our view of the chart.Can i ask you respectfully to go through things on the chart and give me your analysis as thoroughly as possible.
Please don't see this as if i'm disagreeing with you.I may be wrong myself with my take on the chart,and it's better if we get every chartists view on the Boo share chart.Looking forward to your views now and in the future.
Did any Bear commenting here at the moment ever give out a sell recommendiation at 415p on here ?,or lower ?.
If not, a bit late to tell posters that it's a sell NOW at 40p!!!!!!!!.
We are in the middle of a rally,but it won't go up after a spike,it was going to do this anyway today.That's the reason why it has tracked lower today,and to all those posters who yesterday said "Boom tomorrow",i suggest, READ THE CHART!!!!.
Boo is going to go sideways for a while.
I don't practice Schadenfreude,i take no joy in posters being underwater.As i said in my recent post,if you are a Bull of Boohoo and want to improve your average,i suggest circa 32p,a tiny bit higher if you wish as a point to top up up..Remember shares don't go up in a straight line,(unless it's a "B " wave BEAR market rally as in 157 to 415).Shares do pullback,as in the correction now going on from the 30p up to 60p.Have patience and hold on.
Warren Buffet's "Moat surrounding the castle "principle means that Boo is under attack from Shein,who are trying to compete with Boo.The argument against Shein is that they are attacking using wooden swords (read poor quality clothing, and in the end will fail to hold on to their market share).
I believe comments have been made about the quality of Shein's clothing ?.Is there a definitive unbiased article out there about it ?.
Any info at this point would be useful.But it must be unbiased.
A good rally.But the chart says this is a rally only at the moment.We are still in the 3rd wave and after this rally is complete we dip again,almost certainly lower than 37.75.We then get a very good rally up to maybe 42p, (to be revised more accuratey as the days go on)Then we get the final move to circa 32p.
Before anybody comments,this is based on the Elliot wave theory et al.Some on here i'm sure already know all this.
For latecomers who are beginners,i did forecast the fall from 60p,saying support was at 42p or 38p.38p (37.75 actual) is probably only unfortunately a rally point and not the actual bottom,but we shall see.Top up a bit 38p as you wish it's a close call.
It's all about a percentage play,and the percentage play is that circa 32p is looking to be the bottom.Bulls should take heart the fact that after 32p the big move up again will take up to at least £1 (remember that it will then take time).
As i posted before i'd top up circa 32p.There are no certainties in life,but if you are going for a walk across the desert it's best to take a map,and like charts it will show you what you are LIKELY to come across.Like when it reached 60p it read like an old map that used to state at certain places,"here there be tygers",telling everybody reading the map what to expect.Don't worry, and if you are a Bull get ready to top up.
I know what you mean about Moneysponge.Once and only once i asked him to go through his thinking Chart-wise as to how he arrived at his figures.I never got a reply.
I reiterate that Boo technically will go lower.But the 32p mark should be the next buy point.At that level it would be the shorters that will need to worry.
Why are posters engaging with SCB.It's a waste of time,filter ignore and let's get on with things.
Been busy.I see the shorts covered on 9/10th of May.This gave the support at 38p,one of my support levels.
Unfortunately,technically it may hold here for a while (only extremely surprising results would upset the chart pattern ).
Then i'm afraid a bit lower follwed by hopefully a solid base at that point that would track side ways (hopefully).
Then it will drift down and give a chance to top up again (if you are brave enough ) at circa 32p.
If it then holds there the chance of a triple bottom looks good, giving a 70% chance of it being a successful real bottom.
I can't see it really going to 25p.That's unlikely as the smaller moves from now on will give us a heads up.It would give a last chance for those underwater to top up and have a chance of getting out of trouble.
I take no comfort in this analysis,it's just that the fall since 60p ,while predicted by me,has been so sharp (taking even me by surprise at how deep and fast)that my calcs have indicated this outcome.Those who got in at 30/40p should imho only top up at circa 32p if it gets there.
Good luck all,we are all going to need it.P.S.It would need very good results tomorrow for things to really take off ("take off like a rocket"as some posters proclaim.Hand on heart,are we really likely to get results so surprisingly good that this will happen ?.
You say that a big fall is coming.Have we not already had that from 60p ?.What is your take on what happens now chart-wise ?.How do you see it playing out.I like to get other posters opinions,especially about T.A.
This is in the middle of the 3rd wave of a 5 wave decline from 60p.It has to rally (38p ?.) then up to wave 4 then down to the final wave of 5,which thankfully is normally a whole lot shorter than wave 3.Can only determine the bottom of 5, the real bottom when 3 is completed (which is soon now thankfully).Hold on to your hats (and everything else ).GLA.
Just to refresh my memory,why do you reckon are they doing this ?.Sorry, so many shares so many posts,i forget specific ones.
As Lenin said, "Capitalism can only exist in moving markets".That means that Market makers knowing full well about T.A.and knowing where traders are likely to buy or sell using the algo and T.A. will tend to mark prices in the direction that T.A.traders want them to go.One share (name escapes me at the mo ) suddenly spiked down and hit my target (and probably other traders target) thus creating a buy signal and a signal to shorters that they should cover quickly, just to get the market on said shares really taking off. There is no commision made if nobody buys or sells.Said shares moved up rapidly after and at the moment it appears that it was a probable Major Low (up 50%).
So market manipulation ?.Well yes that's one way to describe it.Remember in the 1929 crash some stock falls were described as peppered with what was described as "air pockets",which happened when at the time of the precise drop, the shares went down nobody was buying or selling them.
That is a market.An apple seller if he he can't sell his apples at a price,he drops them in price till he finds a buyer,etc etc.