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Now 7.5% up. P*ss take.
Suspect imminent RNS incoming then..
Same here
This is starting to go bonkers, could very well see it hit the Daily 200MA today or tomorrow at around 282p
This might move up tomorrow:
16-Jan-24 17:10:14 169.365 560,133 Unknown* 168.90 169.30 948.67k O
16-Jan-24 17:06:50 169.00 80,000 Unknown* 168.90 169.30 135.20k O
16-Jan-24 16:59:36 169.009 4,104 Unknown* 168.90 169.30 6,936 O
16-Jan-24 16:45:00 169.00 27,589 Unknown* 168.90 169.30 46.63k O
16-Jan-24 16:36:00 169.254 30,000 Buy* 168.90 169.30 50.78k O
Yeah, not quite...
Logic for me was: the up trend has stalled and the target price now looks uncertain at least in the short to medium term, so I'm booking my realised profit and finding something else.
Don't worry, you'll get the hang of it ;)
Lol, or last of the big spenders. This time next year Rodders, we'll be millionaires!
I don't expect anyone to take anything at face value.
Next stop as of yesterday morning's move was c.5.87 but it failed to hold and that printed a pattern which I've interpreted and reacted to.
Not sure I have any obligation to explain myself, but Sundenza asked a question on why the drop, which I'm entitled to give an opinion (as are you). Think you might be a tad emotional here. When did I ever state I was a long-term holder? I am a trader, not an investor. I trade what I see, I made a healthy percentage, so I'm out and onto the next, that's the name of the game for me, I respect your courage if you're a long term holder - good luck to you.
Technically price had performed a bearish engulfing with a doji yesterday where price went higher than 21st December, but did not stay above its close and has come down since. Daily MACD is done (I use a 21, 55, 8), so I would expect a retrace down to maybe 465 ish and then we'd need to see what's going on after that. I sold out today because of this and will see where we are after that retrace as I'm expecting this to hit about 7 quid in the medium term. There is the tricky matter of the weekly 200 MA that needs to be overcome however...
The chocks (from the previous congestion between Jan and Jul 2023) are nearly off. EZJ seeking permission from control to move to take off position on runway 1. Next stop at 587 (200 weekly MA) here we com.
I Need some help with my flying puns.
I reckon this will be touching down (did you see what I did there?!) around the 467 to 457 mark, if it's a typical 38% retracement, and because there is support around that level from previous highs and MA's on the weekly and daily charts.
Weekly MACD is still showing up trend and will break zero line next week. Just buckle up and make sure your tray tables are stowed and all baggage is stored in overhead lockers.
I think everyone's got stories like that.
Don't be disheartened. At least you've got the b*lls to think about investing and know enough to do it through an ISA. Some people don't even know what an ISA is, or what they can do with it - so don't be too hard on yourself.
Learn from it and work out what and how you're going to improve in future or these losses will define you.
Keep yer chin up, worse troubles at sea!
how do you know this with such certainty?
You might have a bit of catching up to do... Nick hasn't been in charge for a couple of years...
Thanks for sharing this Bluesky.
Interesting to hear that they want to acquire the Nkamouna deposit in Cameroon which I read is the largest Cobalt resource in the world outside DRC with the SRK technical report in 2011 highlighting the following resource statement:
59.8 Mt grading an average of 0.24% cobalt, 0.68% nickel and 1.37% manganese classified as Measured Mineral Resources with an additional 60.8 Mt grading an average of 0.22% cobalt, 0.62% nickel and 1.32% manganese classified as Indicated Mineral Resources. An additional 202.5 Mt grading an average of 0.20% cobalt, 0.59% nickel and 1.20% manganese is classified as Inferred Mineral resources. The resource is stated above a 0.12% cobalt cut-off for ferralite and a 0.23% cobalt cut-off for breccias, constrained above the bedrock surface.
Would be nice to acquire that as it's proven and ready to go... People seem to be starting to buy yesterday and today too..
See ya Davie46, better luck elsewhere. Was that your sell yesterday of 358k?