Member Info for wyndrum

Certainly on an intra day basis 40p has proved to be a strong resistance level but if you look at close of play SP then it is only baulked twice around that level and therefore the chart does not look any more than a pause to let the RSI unwind before continuing the recent uptrend.

If we take the view that a double top has formed then a fall below the valley of the 2 peaks of 37.47p would "activate" or confirm that DT pattern suggesting further falls of at least 2p which suggest then, that maybe 34.5p as a support price would come into play.

However I am not a fan of DT's only because they don't work often enough for me to profit from.

Right now a close of 39.5p or preferably 40p will break the potential DT formation and given the resistance so far would make 43p seem a pretty obvious and easy target to be achieved.

Anyway, the interpretation does depend on what time intervals you look at to make your projections.

Right now from my pov its simply in a fairly tight trading range.

Yes it makes for a difficult read Keith. Probably why DM had to go prior to this go at it.

Clearly HE1 are doing the rounds with little impact on the SP which suggests its all about results this time and probably less about speculation.

Which I spose means less SP appreciation until there is a clearer picture.

Skittish's posts were thoughtful and as dot joining goes has merit as there is logic to the reasoning.

It is certainly possible that HE1 want to be a producer as the Capex is not beyond the realms to raise and the time to make it happen ditto.

Certainly, if its an 18 month or so time line and they have already knocked 6 months off it then that is intriguing and potentially very exciting from a real SP pov.

The only bit I really struggle with is the cash to have done all of this work. I don't see how the $10m can be stretched quite that far.

Still the next 3 months should reveal all.

I Know GJ, but you have to understand it is very tiresome to be constantly and never endingly mis-represented and (usually) abused.

If it was all good natured then it would be fine but it rarely is and becomes tricky then, to spot the difference.

Anyway, hey ho.

I honestly have no idea why you think I am seller.

All I seem to have is a better judgement on timescales and sometimes a better understanding of reading the runes than the majority here and that is somehow twisted to be this neggo deramper.

The upside is that it allows me to allocate funds more productively and the downside is.... um...um... there is no downside.

Thank you Lover, every day a school day.

(personally I think its p1b that unlocks the platform given that the whole world knows that P1a performs as expected.)

I guess RAH had no choice but to re-evaluate, given his predictions and assumptions were wrong.

Good to hear the concensus for P1b to start is Q4/Q1

Anyone told RAH?

Hi TheEast, " i'd rather a steady increase over lumpy jumps, and falls"

well, I don't know why, what difference does it make?

But in any event when a stock has this sort of potential its always going to be big rises and big falls while it turns itself around or starts to realise its potential.

Presumably you would like to wake up to an RNS saying Harl have just won a £70m contract? What do you think that would do to the SP?

Its the reason you bought in in the first place. Just goes with the territory.

I don't think demand for a product is the key point..at all....

Its about quality and therefore price/value.

The market can be colossal but if HARL are seen as too expensive then the orders will go elsewhere to foreign manufactures.

What is positive is that HARL are at least in the market place for an in-demand product.

This obvious fact runs through every business in whatever field they operate in.

The HARL story is that they have a footprint in industrial manufacturing in growing markets that should have govt backing to help the rise to global competitiveness and currently start from SP that reflects more a business going bust then recovering.

Thats the opportunity as I see it from a SP appreciation pov anyway.

All Harl have to do now is deliver. There's the risk, but the prize is evident.

Sorry for those that are not interested, in bringing this topic back, but on re-reading D-G's question there is a not-so-unusual circumstance worth noting.

Say the end of day close was 79 or even a little above 80, and the next day the SP opened up strongly. Now I would not be able to put an exact RSI number on it if it held that gain all day and closed at that figure but again lets say I guess it would be around 90, then yes I would sell intra day because the odds now of a fall are over whelming, either from this intra day price or even if it held and still went up a bit more it would still almost certainly fall back below my selling price over the next few hours or day or so.

The thing is if you this approach, you don't get hung up about "what if". What if it did go up further? So what, you made profit and you banked it. So, you get back in (if you want to), at a higher level.

(The FOMO and "I wouldn't want to be out of this over the weekend" remarks are a traders dream. its that gambling, fear/greed attitude that makes it all so predictable.)

The worse that can happen is a profit was banked. You can't lose money by being out of the market. And as many of us will know with our diversified portfolio's, every BB on LSE thinks they are on THE stock with the biggest potential. So there are plenty of fish in the sea to have a go at.

Anyway, harl is currently at 13.5p (right at the top of a resistance level) with an RSI of 64.18p. (So enough leeway to take it out maybe/probably Monday)

It has a smaller target of 15p to break then but the big number is 17.5p.

DYOR etc

How very gracious of you Tim.

Wont be a cash raise until p1a over (I said that but before 1b starts), he thinks p1a will end next month maybe or defo in 3-4 months which I thought was likely about 9 months ago.

Still, who cares. its all guess work

Wow! MM has come to the same conclusion as me.

Thats a bit scary.....

Sorry, I didn't realise.

As i have no idea I don't know what to say? 500p?

BB, I don't think the news release would be just that.

It would come with the % of helium extracted and that would have a big impact on the SP and then dependent on that info I would expect a clearer statement of intent from the board as to what the plan is regarding being a producer or not. that in turn will affect the likely hood of a cash raise etc etc.

So many variables, its a pretty pointless exercise.

Do you have a target price that if reached you would sell?

"The low hanging affimer fruit is in dx and the existing partnerships, neither of which are consuming much resources right now. "

Really? How do you know that?

I think it is reasonable to think that 2 new companies would take some one-off capital to integrate into a cohesive entity within a new business framework. What about potential redundancies? Do you need 2 separate sales forces?

Who knows, maybe none of that applies, but maybe there is capital expenditure to invest in both new companies to promote them and make them more efficient?

As I say I don't know, but I think your assumption is baseless given we have had no update on costs or sales.

You would know the reasons why if you have followed this BB over the last 1-12 months

I too think this is a board-strengthening move.

This to me also looks like maybe they are serious about being a producer rather than just a discoverer?

First things first though......

"WYN, time to dust off your CV !!.... they need to be prepared to pay £200k "

Couldn't afford the drop undortunately:0((

:0))

It is a bit of a game Xenor, thats for sure, but again trading is often unfairly characterised (imo) as all or nothing.

So say for example the RSI hits 80 and I think i should sell, as I expect a fall.

if the the trend is up then there is nothing to stop the SP going up further and the RSI simply going up beyond 80, (statisically it won't but it could), so I might only sell say, 10% of my holding, just in case.

If there is a good chance of surprise news then as I say there is no need to sell all the holding.

(Also it should be quite a mechanical system and most "traders" are actually still driven by their emotions and don't actually stick to the plan. Or in other words they are not very good at it.

Fair enough broom.

My logic is that its not companies that alter the SP but actual people through their buy/sell actions. Therefore crowd psychology being fairly predictable, is a better indicator of future SP moves than anything else.

But hey ho, nothing in life is certain...