Member Info for Tornadotony

Fortunately, I bought 10,000 yesterday for 27.4p in support of a base at 27p. The point is that it took 6 hours to make such a move on the last rally up. Some entity took a big punt on here from the open. It was 3p up in 90 seconds. They are now starting to dump. I really do not like pump and dumps. Rises on an RNS are great and sustainable.

MAA86

Of course I am aware. However a 25% increase in 25 minutes. Looks like a pump.

Double daily volume in 25 minutes. No news on funding?

Spoke to soon on the deal. The fine details are now emerging.

I sense the model formulating deals is changing (Move to win/win then win /lose). The FTSE 250 likes it and so do USA markets. Recession indicators looking less strong State side after the announcement.

The most relevant bit in the article just posted.

Fast forward to this month and China is at it again, unveiling export controls on select rare earth products. But this time, the playbook feels different – less blunt force, more scalpel.

Adamas sees a calculated precision in Beijing’s approach, an intent to wield its resource dominance with surgical intent.

The likely targets? Initially, industries like defense contractors and drone makers, sectors where REE scarcity could deliver maximum disruption to rivals, particularly in the West.

Meanwhile, China appears poised to spare others, like the EV industry, from the worst of the fallout – perhaps a nod to its own stake in the green revolution or a bid to keep global markets from spiraling into further chaos.

Unlike the reckless two-order-of-magnitude price surge of the early 2010s, this move suggests a China keen to inflict pain where it hurts most while dodging the collateral damage of a full-blown crisis.

The message is clear: China knows the power it holds and is learning to wield it with chilling finesse.

For the rest of the world, the echoes of 2010/11 still linger – a haunting reminder of vulnerability, a call to diversify, innovate, or risk being caught in the crosshairs of a prolonged resource war where the stakes only grow higher.

Of course a fundamental event delivering an RNS can propel Pensana up to the 40 odd pence resistance point and it has a lot of energy to do that with a low RSI and stochastics on long term indicators. The reason for my commentary is just revealing what a trader may be looking at and what they may be influencing on share movements. Buy and hold is a strategy employed by Buffet et al, but we also have the top slicers and bottom chasers who make gains in other ways. Both help contribute in making a market and either strategy work for different people.

Upside indicators do appear in charts and reliability is at its finest when a bottoming out pattern forms outside of a down channel after a period of consolidation or in down channel wedges that yield a breakout which others have identified before on this message board.

Chinasydrome

Yes it does in the intermediate term (from July onwards). In the meantime vizion data in USA ports is getting worse and this is likely to hit equity sentiment.

https://www.vizionapi.com/global-trade-monitoring/tradeview-global-trade-intelligence-platform?fbclid=IwY2xjawKIGuxleHRuA2FlbQIxMABicmlkETFTQTJxN3pFbUR4dTN3T0RSAR7Q22wDdZK_MHhjGKi7LXdXP4sVWWZsqzYcgKWM-VOuTpFLZevWl2KloIfRvA_aem_kpV64KJUoCplRXLvBfnZTA

Heading towards 27p by middle of next week is a possibility. Rainbow rare also in a monthly down channel.

Useful to have this link as a monitor for USA recession risk a break below 12000 is practically certain USA is in a full blown recession with a dot com bust like event. Other equity markets are not immune to the fall out.

https://www.wsj.com/market-data/quotes/index/DJTA?msockid=0af21bf4d2e8607d11ea0b32d3536115

Ever heard of stochastics that closed heavily overbought at 92 on weekly indicator yesterday that is probably going to near zero oversold for a future rally. Look at monthly chart. A two month downtrend in play. Buy low and top slice when high to give yourself a dividend and buy it back when it hits that low.

last time rob ****** sold it dropped 3p.

4Kandles

It has broken through the down channel intra day and we await to see where it goes from here. Tony

The top of the down channel is around 29.4/ 29.5 area. The bottom of the channel is currently 26p. What your hoping for is a break in the down channel. If it does not break it will become another bull trap.

At the present time, China is providing more support schemes to their population although we may not be able to evaluate how helpful they are. USA is reducing its support across a wide range of the population although maintains some support for industry.

A few months back New York banks were found to have 28% defaults on all their loans to malls, office blocks that were not used and the like and the FED allowed a lend and pretend policy where the loans were not called in and exist as some kind of zombie account with massive unrealised losses. This is now happening on a huge scale in the truck loan sector where most drivers have $100k loan and now have limited contracts to pay back the banks because of tariff impacts in the ports. It is spilling over into other sectors who have no product to sell or can not manufacture as they are running of material to produce a new assembly line product. Trump decides what he will allow in on a daily basis as temporary reprieve. In the meantime confidence is lost in business, the investor community and even by those who had faith in a reserve paper currency. All of this is coming to a head in the coming weeks.

As for Pensana the volumes of trades are not abnormal. It is not a nasty collapse going on but like a tape running a pull back. It can easily go back up again when a clearer macro picture truly emerges. A case of enjoying the weather than perhaps playing the market which is nothing more than a casino at present.

No offence taken, but I thought I needed to update after 4Kandles comment.. Dummy buys and sells are at 28.75 and 29.44 intraday which is now below the support line on Pensana. RBW is now going down as dummy buy is barely over 12p. I was hoping the rising support line going back weeks would hold but something bigger could be unfolding in the markets.

Unfortunately, the support line gave way yesterday. In fact we have either a bear trap or a bull trap currently in play. The original rising support if it goes back up has degraded in value by around 60% as a result of the closed prices. I am now wary about the 29.6p holding.

What has happened overnight is a sharp drop in some commodity prices and increased value in USD. Disturbing reports are building in the USA economy as yet another banking loan scandal is being revealed as the tariff impacts are directly resulting in a failure for many sectors in the market to pay business loans. A major recession is building up and Pensana unfortunately may catch some of the back wash of all this and Theo could be right in a macroeconomic aspect on the fundamentals simply because it impacts on just about everything.

The next area of strong support which could hold in these circumstances is around 23p. Anyone selling around that area on Pensana may well find more active buyers. Of course Trump and his merry men of toadies can change things quickly. and that is one of the reasons why many retail investors have reduced portfolios in equity by a significant margin on past years. Earning 4% on doing nothing is currently protecting a lot of cash and Trump can mess things up or create a big pay out whenever he wants.

Saved by the uncross trade until tomorrow at least.

Support line just broke on a very modest sell. Hugely disappointing on a support line going back to 13 March, we await to see if the uncross and close of play can recover things.

Https://www.barchart.com/stocks/quotes/PRE.LN/cheat-sheet

Traders cheat sheet. A close above 32.5p is an exit on the down channel.

Https://n24.com.tr/en/arx-robotics-secures-31m-to-expand-autonomous-military-vehicle-production