re: disgraceful rubbish...lol...buy signal Chipperbill...
LOL...Thanks for the buy signal.
Very suspicious posting from you lately...you seem to come out of left field on occassion, suddenly supporting a negative view on a particular stock, usually with several other less than credible posters.
Last time you came out with a similar recommendation, it was for BTV on 8th August when they were 4.6c, and at the crossroads of staging a breakout...on that day they did in fact stage a breakout, finishing at 5.1c and subsequently rallying to as high as 6.6c in following days.
I like your timing.
YAM is in a very similar position today as what BTV was then...it has happened a lot quicker, but due to the heavy volumes involved, the pattern still applies...we have seen a rally...we have seen a retrace...and now the market appears poised for yet another rally.
As I have suggested previously, the maths suggests that selling at current levels is very close to over...the relatively small retrace (in percentage terms) also supports this point.
As I see it, the important level now is 1.6c...with any close over this number pointing to a short term test of the 2c level...after which, targets with a '3' in front are not out of the question.
It may not happen, but the trading patterns suggest there is a very good chance that a rally may ensue near term.
When it appears the 1.6c has been broken, watch as the fence sitters rush to buy shares.
Cheers!
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YAM
yamarna goldfields limited
re: disgraceful rubbish...lol...buy signal...
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