r88ave

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Markets Allocation
100 % stocks
Top Mentioned Symbols
LMI 37% | 3 KIBO 25% | 2 BZM 12% | 1 AAL 12% | 1
r88ave r88ave BZM, 60, Long ,
BZM: Looks primed for a big breakout
309 2 3
BZM, 60 Long
Looks primed for a big breakout

Having risen massively initial impulse providing a high pole the shares have somewhat eased off since however the abdce pattern appears to have developed over passed few weeks correct me if I'm wrong I'm a novice by the way. I like the way it's look to be heading now, if predictions are correct minimum target could be 5p. Good volume today and it seems to be ...

r88ave r88ave LMI, D, Long ,
LMI: Long on Lonmin
59 2 4
LMI, D Long
Long on Lonmin

https://uk.tradingview.com/x/lLnxSm7F/ Interesting correlation between strength of US dollar index and Lonmin share movement. It appears the strength of dollar gives more support to Lonmin than just price platinum futures. As rates are set to increase in US it would be interesting to see whether Lonmin will follow strength of dollar. I've gone for the punt here

r88ave r88ave KIBO, 120, Long ,
KIBO: Kibo on verge next leg?
26 0 1
KIBO, 120 Long
Kibo on verge next leg?

Abcde corrective mode after initial impulse wave 1

r88ave r88ave LMI, 60,
LMI: another leg up LMI ?
35 0 2
LMI, 60
another leg up LMI ?

Perfect set up for rise above 100p 'W' formation. Question is will 100p hold. I'm tempted to go long here.

r88ave r88ave KIBO, W,
KIBO: Heading for 9-10p?
23 0 2
KIBO, W
Heading for 9-10p?

Nice weekly breakout very strong. Notice cup and handle formation Potential wave 3 in play?

r88ave r88ave POG, 240,
POG: Is this monster in the making?
28 0 1
POG, 240
Is this monster in the making?

heading beyond 9p?

r88ave r88ave LMI, 240,
LMI: Waiting for LMI next leg up.
83 3 5
LMI, 240
Waiting for LMI next leg up.

Is it downward channel again ABDCE? taking to potential lows of 75p with holding from buying until it reaches this level or break out? Too much uncertainty with this one to tip my toes in at the moment.

r88ave r88ave AAL, D,
AAL: Heading a little lower perhaps?
71 0 3
AAL, D
Heading a little lower perhaps?

Not sure whether ABDCE wave will action or just a simple ABC corrective before wave 5 commencement. Have 1160 area in sight for next leg up any thoughts?

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LMI
LONMIN PLC ORD USD0.0001
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