VYS

3.45%

28.0¢ vysarn limited

I’m still wondering if we are seeing the same pattern play out...

First 6 Last

Share
Profile

Follow
ralom

17,480 Posts.

416

08/04/24

20:49

Post #: 73247054
Share

Originally posted by slick ↑

What have you got going here Ralom? A nice Aussie mining services company?

VYS....very nice numbers here.

Below is a brief overview keeping in mind that I have zero knowledge of the company nor what stage it is at.

Firstly here's a weekly which I regard as the most important time frame for long holders, displaying the excellent run holders have experienced over the past 12 months or so.
There are a couple of concerning signals that the chart is sending out regarding the immediate SP direction and I'll try and explain it clearly.
The SP broke out to the positive in September '22 (circled blue) where the SP trades above the bollie median line keeping in mind that while it's above that level the SP is always going up. It tested that level Feb/ March of 23 (blue circle) and again in Oct '23 but just kept bouncing off it to new highs. Just superb!
But here's the thing, since Feb of this year it's tested it again and unfortunately fallen through it. (red circle).
Unfortunately this indicates that the buying has become exhausted after a fantastic re-rate and holders may be closing out. MACD turning strongly negative supports this theory. (red lower chart). You can also see the red 50ema beginning to roll over. You really don't want to see the SP fall through that level but we can discuss that IF it happens.

Currently on the daily you're really just seeing a sideways pattern (kind of like a consolidation) with no real indications of any change of SP direction. Momentum is sideways for the time being. I think that the key numbers are .225 and .295 as that's an established range. Anything outside of that then we need to assess.

Not sure I'm telling you anything that you didn't already know Ralom but hopefully someone gets something from this. Happy to be corrected on anything from the above, we're all here to learn

Cheers

Expand

I’m still wondering if we are seeing the same pattern play out as was between Sept - Nov last year .
A 10c or so rise occurred after that retracement .
28c close looks ok to me

VYS Price at posting: 28.0¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

FHE

Frontier Energy achieves key milestone for Waroona energy project

BRX

Belararox delineates another porphyry in Argentina at Tambo South

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

STX

Strike Energy secures $153 million for Perth Basin gas projects

EMD

Emyria's Empax Centre chosen for mental health clinical trial

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

There are more pages in this discussion • 11 more messages in this thread...

First 6 Last

Add VYS (ASX) to my watchlist

(20min delay)
Last 28.0¢		Change -0.010(3.45%)		Mkt cap ! $114.4M

Open	High	Low	Value	Volume
29.0¢	29.5¢	28.0¢	$38.83K	134.0K

Buyers (Bids)

No.	Vol.	Price($)
7	251816	28.0¢

Sellers (Offers)

Price($)	Vol.	No.
29.0¢	907	1

View Market Depth

No.	Vol.	Price($)
7	251816	0.280
2	14669	0.275
2	40000	0.270
1	22000	0.265
3	157000	0.260

Price($)	Vol.	No.
0.295	113824	1
0.300	99021	3
0.305	81923	2
0.310	10606	1
0.320	37500	1

Last trade - 16.10pm 21/06/2024 (20 minute delay)

VYS (ASX) Chart

I’m still wondering if we are seeing the same pattern play out...

Frontier Energy achieves key milestone for Waroona energy project

Belararox delineates another porphyry in Argentina at Tambo South

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Strike Energy secures $153 million for Perth Basin gas projects

Emyria's Empax Centre chosen for mental health clinical trial

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

Cultural heritage agreement puts Walford Creek exploration back on the map

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I’m still wondering if we are seeing the same pattern play out...

Top Stories

Frontier Energy achieves key milestone for Waroona energy project

Belararox delineates another porphyry in Argentina at Tambo South

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Strike Energy secures $153 million for Perth Basin gas projects

Emyria's Empax Centre chosen for mental health clinical trial

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

Cultural heritage agreement puts Walford Creek exploration back on the map

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News