[ATTACH] Hello U..... again.......are you still doing the 'moon...

First 3192 Last

Share
Profile

Follow
Saragian

4,827 Posts.

6213

24/05/23

18:58

Post #: 67945447
Share

Originally posted by sabine ↑

You are always riveting Maestro … and offering not one, but three charts is a very kindly ploy to divert me (at least) into a mode of academic contemplation rather than emotional frustration (from which the next step is finding reasons to be fearful {oops, I already started that !! No Facebook updates from NRW since Anzac Day, someone dumped more than four million shares at GCY yesterday, where have all the workers who ended their contracts gone, etc etc etc et al…..}) (as you can no doubt deduct ankle must be truly on the mend with commensurate ‘leisure’ time increased).

Why was there such a difference at LYL?
Maybe because it had been kept in the cupboard of ‘under value’ stocks and the institutions decided to let it out?
It sprang from that space with such a vengeance..
Are ‘they’ going to lock it away again after their merry safari?
I assume your pointer at recent price action there would indicate that - technically - it’s going to consolidate further or people are going to suddenly wonder what they are doing standing on that ledge ‘in the sky’ with not a lot of bedrock volume underneath them?
And currently down there 3.19% on the day….

But NRW does have volume support to far higher levels than this?
Even to that $3.42 line?

But if a sister engineering company (LYL) starts to wane, why would NRW rise….

Why is this so? (You sound a bit like a childhood morning radio favourite!)
(and I’ve always remembered that eminent professor once said bright orange and fluourescent green were the most ‘audible’ colours on the visual spectrum as confirmed by NRW {and other} remote workers and personally bought backpacks and even fleece tops accordingly ((they have probably saved my life!?)))

Anyways why did the NWH price wane and Lycopodium ascend?
On initial review I would say it wasn’t because of no FB posts since Anzac Day…

…. Are they holding it in to spring all the higher later?
or am I being wishful?

I love your work and thank you for sharing your technical conundrum!

cheers!

Expand

Hello U..... again.......are you still doing the 'moon thing'?

More specific to NRW.........above is the 2 year, hourly LR chart (the canary in the coalmine).
Consistent closes above $2.43c. would be an (early) indication to expect further upside.

However, a WEEKLY close (26/05) below $2.24c. would not bode well.

Cheers.

NWH Price at posting: $2.25 Sentiment: Hold Disclosure: Held
5 Upvote

1 Great analysis

Reply

Top Stories

WMG

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

ALR

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

SNG

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

WR1

Winsome scoping study proposes low-cost operation for Adina lithium project

PTR

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program