@cha PRU...the deal they did with Capital to get hold of that...

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snout

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15/08/24

15:14

Post #: 75223005
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Originally posted by cha ↑

jumped the creek is a somewhat old fashioned trading term but
i sense it is somewhat similar in effect to your work Patterns
it certainly mirrors the support resistance approach i work on

anyway evn jumped over the $3.90 - $4 bar yesterday and into new territory
I hold it from lows so not that fussed about it but for more active traders it is just one of the goldies rerating here

cmm well and truly jumped past its old high. no warning. just big funds looking for exposure to good goldies here

pru now one of my largest holdings from the lows

anyway good to see the shorter term traders onto dear old pru. been a slow rerate and as snout said it has done some work on its fa

for those who read the reports especially the quarterlies the latest announcements for evn, pru, nst rms all give me peace of mind on their future especially on lom

anyway i expect evn to fade back gradually below $4 but if it does a cmm and keeps going then yes it has well and truly moved back to my darvis break style new levels

it does happen

as for pru, my longer term target remains above $4 when gold really runs
evn is already there from its lows sub $3 to $4 plus

some of the potential figures on earnings of these goldies make me happy to continue. cmm has broken out. evn on the verge. these are leading safe goldies now being snapped up by the funds
the b graders should follow. bc8 alk red and others

it is the way they react under pressure that counts. that is when the funds step in and buy. on red days

as i said a few weeks back. i am hopeful even expectant

now off to other pursuits and enjoy the day and more importantly enjoy the thread

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@cha PRU...the deal they did with Capital to get hold of that block of PDI was very creative, never seen anything structured like that before...win:win for both parties..brilliant

Mate....have to ask you again at risk of getting the same response....how long is a piece of string?...
ADT!....I so want to buy more at these levels, yes, yes, I know, I know, sit on my hands until we see that big green candle??

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