Chartwatch, page-168

First 168 Last

Share
Profile

Follow
NineLives

17,373 Posts.

656

06/08/15

13:39

Post #: 15762117
Share

Originally posted by nine lives ↑

well tell me that charts don't work, tell me that I am dreaming with my targets but so far I have been much more right than wrong with my calls up and down (though not perfect by any means). In my humble opinion we are seeing history repeat. I spotted the reverse H&S before it broke out and called a target of between 2.70 - 2.80 and that is where 1PG got to. Last time I called a retrace to 1.30 because that was the price that 1PG broke up from on the amazon news...we got down to 1.35. I see that it will be no different this time except for the fact that there is a gap that is screaming to be filled as well so that is a double reason to retrace. But I also expect that 1PG will find very solid support at 2 bucks provided the story stays a happy one and I can't see why it wouldn't. We may or may not see a short term bounce around this current level as $2.29 was the old high but I am pretty confident that bounce would be short lived before a trip down to 2 bucks. Hopefully after that onwards and upwards to greater glory or may just consolidate around 2 plus bucks depending on what news comes out.....just my opinion as always.

View attachment 85123

Expand

actually my target was 2.60 - 2.70 and not 2.60 - 2.80 as I said in my last post and 1PG got to 2.78. But like I also said...I have been more right than wrong but by no means perfect.

1PG Price at posting: $2.34 Sentiment: Hold Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Most investors will get this earnings season wrong. Will you?

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

ASE

Astute delivers high-grade lithium hits at Red Mountain

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

First 168 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Chartwatch, page-168

Top Stories

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Most investors will get this earnings season wrong. Will you?

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Astute delivers high-grade lithium hits at Red Mountain

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Featured News