Member Info for Roydon1

21/2/19 Kaz Full Year Results

I wonder if the SP will rise towards that date then drop after ( the usual scenario), or carry on rising ?

Any views will be helpful

GLA

Bottled,

We got used to it, and now we have withdrawal symptoms LOL

It will take some time to feel normal again !

GLA

It is creeping slowly towards 700 , and before you know it, we will be there !

By the way, it sounds very quite here in this chat room, something is missing !!

Another "After Market" Big trades today, not sure what is going on !

Anyway, on the daily chart is a perfect "Hammer" candle stick , just setting on the 200MA.

Meaning, tomorrow should be UP IMHO.

GLA

HaHaHa,
Nice one Chartist
I recommended your funny post :)

I think the rise is due to the boarder security deal, nothing else !

Casual,

Yes, me too, I want to get in at a good price before the next rise.

GL

Text Book "Head & Shoulders" on the daily Chart.

If it cross under 600, then IMO , I would expect a pull back to 560 (To the 50MA)

GLA

Yes, you are right
I wonder why they delay publishing it.
If it was me, then I would wanted published straight away, so the SP goes up quicker.

I am sure there is a method to the madness !!

Rastuss,

This is def. very unusual big trades published after market, and it explains why the SP reversed direction around 1pm on Friday.

I reckon there will be a nice rise next week.

GLA

Rastuss
Casual
I agree, something cooking in the background, and it is keeping the SP from going down with the rest of the Market.

I wonder !

Better start to get ready to buy few more on any dips

GLA

Hi Rastuss ,

Yes, if you look at the Overall trade for the day, it is a bout 1.7 M , which is the average , isnt it ?

I think there is something else having this effect on the SP, not sure what it is !

But for me, it is all good, no complaints, I have my core chunk still in and running.

GLA

Strange !

Copper Futures are down

Copper LME Price is Down

And UK and US markets are down

But KAZ is UP !!

Any suggestions or Explainations anyone ?

I cant figure this one out !!

Copper Price today reached £2.8 /lb on the LME

This is IMO is a cross road for copper price.

It will either climb to 3.0/lb or go down to 2.2/lb

I suppose it will largely depends on what happening with US/China Trade talks.

Will be interesting to see which way it will go !

GLA

It is clearly now that the SP cant pass the 200MA, it just bounced down after hitting it.

I wonder how many times will it need to finally go through it !

GLA

I reckon that if Kaz SP Breakout above the 200 MA (around 614) , then we will clime to 700 pretty quick.

All IMHO

GLA

OK, now I think I know what is happening !

The SP has crossed the 200 MA on the daily chart, first time since the massive drop back in August.
So in a way it is Breaking Out, but it all depends on if it will bounce down or carry on up, and then the 200 MA will be a support line.
Lets see what will happen !

Come On Kaz :))

GLA

This looks very much Over Bought (RSI over 70) , unless something mad is going on in the background

Maybe an announcement soon ?

GLA

Glad that I decided to keep my Core Tranche running, this will be going to my Pension :))

Lets see the £10 !

GLA

https://www.youtube.com/watch?v=3xfG1xRqNBA&app=desktop