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8,247 Posts.

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30/05/22

14:01

Post #: 61704112
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Originally posted by Endless ↑

Morning all. Late night watching the Giro.

Awesome win for Australia. Thanks Jai.

SXG. Epic assays about 8X what you would call very good. Also nice spread of metal and not too deep. This will be a mine. TA chart was open to a good rise as well.

Compare FA for actual $$$ potential of SXG, BUB anncmnts to SRN, GAL, RAS, MLS, CNJ which are more or less total spec until assays or projects actually start. But . . . .

. . . . . I'm starting a newish algo for myself comparing volume to news. Calling it the Rumpy-Pumpy index. So SRN, GAL, RAS, MLS, CNJ all did this when their SPs were rising much higher than the anncmnt warranted. (imo). I've been using this as a signal for SP pumps. Espc when there is a huge buy at open which immediately sends up the SP and locks out value buyers. Then bot buying on small vol to tick the SPs higher.

Good potential profits but you do need to get off the speeding train when chart gets toppy.

SXG. Got some at low 40c as I expected would keep going.

Might take 52c as SP gone into o'bought and Comsec getting glitchy here.

Hope it goes thru OK.

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Any picks from your Rumpy-Pumpy algo will be welcomed with open arms !!!!....
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