33c-40c Spike Call, page-5

First 5 Last

Share
Profile

Follow
ML173

9,615 Posts.

310

13/01/15

12:17

Post #: 14575412
Share

Originally posted by tomboy ↑

I have called a 33c to 40c spike in the SLR SP, which appears imminent.

My last few posts stated yesterday would trade 25c to 28c spot on, the 100dma is at 33c, the 200dma is at 39c and lowering weekly.

With GP in AUS$ HITTING $1505 tonight this is even more bullish for SLR SP today, traders flooding to gold stocks inc newcrest and others everywhere... reversal V shape rebound in full swing, predictions of GP collapse to 1000usounce has not eventuated. rise in bond yields has not eventuated in fact the yields have collapsed, iop and oilp also collapsed very bullish for the GP/Pog

I say that 33c to 39c range looks on right now, tmrw should trade 29c to 32c and hit the first resistance at the 100dma of 33c. If this cracks which I think it will easily this week, then look for next resistance at the 200dma line around 39c. That may be the trade, going past 40c will require a large bounce in the gp or continued equity carnage which may not happen..volatility this year looks like with equities topping is bullish for the gp. Sept to nov 2015 with rising global rates looks ugly from now.

Lets trade the range guys for that easy profit right now, lets see how high this can go..its onecway ride to 39cimho right now.

Expand

Tomboy does seem to have a history of Wild card calls . Slow down your horse will ya..

Look at your 40c call for AGO last week... Man, what a disaster for someone who bought in at 29c...

Last edited by ML173: 13/01/15

SLR Price at posting: 28.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Monday's HotCopper trends: Northern Star forecast, AML3D Navy handshake | July 7

ASX Market Close: Trump tariffs paused til August; CBA falls below $300B

AII

Inside the depths of Panasqueira: A legacy carved in rock

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

First 5 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.

33c-40c Spike Call, page-5

Top Stories

Monday's HotCopper trends: Northern Star forecast, AML3D Navy handshake | July 7

ASX Market Close: Trump tariffs paused til August; CBA falls below $300B

Inside the depths of Panasqueira: A legacy carved in rock

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Featured News