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Pleased to see that you got into Shanta this morning. My biggest holding. Tony

We needed support to hold and it has gone. It has slipped away on a very modest volume. I am not sure if an RNS will now appear this week. I am also unsure who is doing the selling. If anything insiders appear to have acquired more shares. Hargreaves and Lansdown explained to me today, that their holding in the register is for clients (which I presume is HL managed accounts). If that is the case then we have a lot of wealthy sophisticated investors here and just maybe patience will get rewarded.

A further point I should make is that the Angola assets are huge. It is quite possible for the company to use their drill data and be selective on where to disturb their site for assets and where to leave alone. Only a fifth of what they have is probably needed for 20-25 years of supply to Saltend. At some point enough material will be available from a recycling market and reduce the outputs needed by the mine. We are hoping that the government does get on with the carbon reduction measures. Its frustrating to hear more priority is given to the removal of central heating boilers than the likes of new energy carbon reduction projects like at Pensana. Fundamentally I felt we were in the right equity space and its frustrating the stock has dropped 50% as we wait for a project go ahead on financing.

The 15 minute chart is giving us support at 123.6p. A big share dump this morning broke 127p, but it helped cleared nearly all the overbought signals. From the numerous overbought signals we had it was down to the last two ten minutes ago. I am looking for a move higher in the afternoon as we start making small steps towards 138p.

Mact4

Yes I have seen the pattern you suggest and its similarity to what has happened of late. Its the 5 hour chart of interest giving a clear picture around 147p. Today I saw how the 1 minute chart held 127p and the volatility cooled off so the 2 minute chart gave 127 as a support and then gradually we got up to the 15 minute chart supporting 127p. I am keeping an eye on what is happening behind us as well. The close above 130p tonight was useful.

The weekly chart going back to launch of UK listing has its support line above 120p. The daily chart going back to the first trading day of August 2020 has its support on the closing price of tonight. There is some flexibility above the close price ,but we have a closing triangle as the share price descent hits the major support lines and this suggests an arrival of an RNS bearing news of influence on the future share price. The timescale for this RNS could well be from tomorrow or as late as 1 June 2021.

If the news was just sorting out finance for constructing the Saltend facility, it would be a major positive.

As always my views are just opinion but I thought folks may want to know what they probably suspect should happen. Regards Tony

The 5 hourly chart suggests the major resistance line that could prove difficult to break is at 147p. The share may test 147p as early as Wednesday, but is unlikely to breach it at first attempt. In fact it may take quite a few goes before it does and we might have to wait for the first week in June. There is a chance we close out the week around 143p which is favoured by the weekly chart.

Tomorrow, a key point to get past is 138p which is acting resistance on the daily chart that was touched as the high of today. Success then opens things up for the higher price move on Wednesday.

All the above is just an opinion.

Need to switch from 1 day to 1 minute.

Basically its trying to find support at 127p in real time. in the meantime overbought is cooling off a bit as time progresses.

https://www.marketscreener.com/quote/stock/SYNAIRGEN-PLC-4004905/charts/

See if it has worked.

Cooling off a bit and testing out for a new support line. Waiting to see if the 123-124 previous resistance becomes support.

With the potential of some 40 additional hospital sites piling in patient dosing numbers, Synairgen is on a full charge.

After breaking through 114p, the next resistance target is 123p-124p.

Thanks mumbles you answered my earlier query. Travelling workforce will need magnets in cars and the school runners and urban pensioners who just drive to pick up groceries won't need them.

Gone in with initial buy position. Did well last year on HZM with a penny gain.

Sure glad I doubled up under 14p. This should be on 16p fairly soon.

Quite often it takes 3 goes to breakthrough a bottom in the chart. Each time the resistance become weaker. On a scale of 1 weak to 10 very strong, the resistance took quite a beating today. I would say its now down to a 1 to 6 (moderate) scale. I certainly suspect a floor quite possibly around 99-100p is supporting the stock. Another day like today the 109-110 area will just have weak resistance if it holds, but a break in the morning and another in the afternoon gets the share back on an uptrend again.

The strongest evidence we had today was the raft of recruitment sites being deployed to complete the trial. The clinical trials database has not changed earlier dates given. Once we get past 1 July, the last patient recruited RNS can drop any time. The probability of success is around 84%. A lot more investors will be taking a punt on synairgen. The price has now found a lot of interest. Tony

Same here. 114p is next target to pass.

I suspected a higher low was in this morning regarding the chart. However its the fundamentals lift my spirits. Several companies have thrown in the towel on developing a covid-19 therapy of late and it appears that recruitment sites are accelerating to complete the clinical trial. Its not impossible for last patient dosed being in July and for Synairgen's therapy to be ready for next winter.

A case of risk management of a portfolio is what influences any buy or sell I make. According to Hargreaves Lansdown inflation calculator good and services in the UK have say gone up around 2.6-2.7% per year since 2011. So if the portfolio, which in my case it has done so, goes up over 5% compounded each year than its a successful operation as its broadly in line with property asset increases. Precious metals if carefully bought have gone up nearly 30% because it costs a lot more to buy physical and store it. For some people having some positions as cash earning 0.5% is a price they accept as a balanced risk approach. It also depends what age they are, what other assets they hold and what future plans they want to deliver and time scales they operate with. The key is to be happy what you are doing and not being up all night worried to death over weeks on end. Operating within risk tolerances and learning techniques to risk manage them is a good way to consistently get those 5-7% returns. Try not get caught in FOMO and work hard to keep control of emotions and do not think you know everything and its all easy as complacency can be the biggest enemy.

welcome views. IF EVs do not need magnets has the story changed for Pensana if at all.

https://www.adamasintel.com/unfathomable-rare-earth-demand-growth/

I support your strong buy view.