the chart shows that TA works. It is a fact. If fundamentals are in place then even better. and as you can see good companies have great trends. retrace at 78.6% retrace to 50% retrace to 61.8% retrace to 78.6% Nothing goes up in a straight line. retracement brings new traders and investors, builds more interest in the company. Keep you stop losses regardless...
Quite bullish on the price action based on trend and fibs I believe 9.55p - 9.8p was the bottom for this move As long as we hold the trend I belive we will go back to highs in time. Will slice again when RSI gets overbought and keep my long term pot for bigger gains.
Looking for price to hold at this levels unfortunately it lost the trend line but not all is lost. plenty of newsflow to come over summer and always time for swings. last placing was at 11p for £7.2 Million so I'm sure this level should hold.
17.55p a better target based on distance between both highs. but will check again once we hit 16p which I think we will. RSI about to break last highs and looking good at moment. CCI down trend broken and on a bull run.
One of my long term favourites since 2.20p Ben trading in and out but more recently came back in as long term as well as a trading pot. Target 16.15 & 17.60p - Believe we will get closer to the latter based on distance between the last two highs
ARS is moving upwards and making new highs Resistance :10.50 Support: 09.00 Next action: Buy 10.50 / Sell 8.60 ATR: 0.6 N: 1.2
2nd phase of consolidation, expecting breakout to be triggered by heavy news flow from further drilling data and feasibility study related data (FS expected early 2018). Soon to enter development phase and popular copper related stock. Stock tightly held and moves quickly on light volume.
Decisive breakout from long term consolidation range. Positive signals from indicators, heavy news flow regarding drilling and resource upgrades due short term. LSE:ARS
Up and down like clockwork for 6 months now. Lots of triggers due short term. Perfectionists may want to wait a tick or two for the optimum entry point, but looking for an initial rise back to resistance at 3p. High quality, long term hold. LSE:ARS
Indicators suggest over sold with support from 200MA. News flow due shortly relating to licence conversions/extensions on Jelai gold asset and Beutong copper asset which could buck a change in the over all trend. BK copper asset drilling updates also expected. Very tightly held stock and moves very fast when volume arrives. Good long term play for those wishing to...