Daytraders After Market Lounge 14th Dec, page-100

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Infidel75

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14/12/16

21:43

Post #: 21345164
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Originally posted by Dazzle101 ↑

CMM

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( Since the history of time )
View attachment 378170
There is one old level there @ around .09 it is coming up to from Jan 10.
I know it seems a long way, but I've been doing this on like WBC and the like,
and it's amazing that these old levels are sometimes respected.
Heard a good saying the other day,
Want to know what's happening?
Look Left.

View attachment 378185
Testing 50% Fib ?
Massive volume tiny spread candle, then no supply after that?
61.8 is normally worst case scenario, but 50% Fib is very important level / crossroad.

View attachment 378203
Bollies are in the lower area of the bands, trying to get closer to the middle.
Aroon not crossed, negative.
Macd trying to turn, below centre line.
Stoch RSI strong 75%+ Area
Stoch Daily strong, crossed and headed upwards.

So all in all purely TA,
That massive volume candle is smokey as hell imo,
and may be enough to pull it up imo.
You gotta wonder what's going on with that amount of volume,
yet the price did not lower, in fact went up the next day.
Then when it did go lower, no volume ( No supply )
It looks perky to me, thanks,
I've put it on my watchlist now and will monitor it,
also check out the FA to be informed,
and also look for reason for volume spike?
History of company???
Cheers,
GL

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Mate you're a legend. Much apreciated. As I said she has been kind to me. The dfs is due for completion 1st -2nd qtr next year. Regis resources are 10 % stakeholder from memory. Used to be MMG . Recent Ann's have been promising for a low cost operator

Again legend!!
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Daytraders After Market Lounge 14th Dec, page-100

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