Nero, KAR ain't no AED.
It's not some one trick pony like AED was and has a major oiler spreading the word about the size of the Poseidon discovery. Furthermore, these guys have some top self acreage next door to WPL's giant Torosa along with the Brazilian assets where Petrobras have just...
Ok this is the trade. FMG rallying on the back of BHP/RIO JV being forced to open rail way to 3rd party. If they do - FMG can increase production and ship more ore per annum therefore increase the valuation of the company which China could potentially takeover at some stage.
Sorry forgot to post the chart. Expecting some positive drilling results soon. They have quite a bit of land to drill. Strike lenths could be massive hence the interest from the likes of big insto's and major goldies.
Sydney is right. Looking a bit shakey taking into account the turn on the daily MACD. However, the daily chart stochastic might give it a short term bounce when one takes note of todays inverted hammer. Might be in the process of forming a pennant pending consolidation...
The keys to successful trading.
Taking a loss. You pay for the privilege, bought too high, bought on the way down. Regardless of what you did wrong, figure out what it was and don't make the same mistake again.
Never chase a trade.
PLAN - Know your stock charts...
Have been following your astrostuff alerts and I find it quite facinating as I am purely a MA/trend based trader. If you would be so kind, could you kindly provide me with an astro stuff analysis on BLY if you have a moment?
Many thanks and regards,
LOL Indeed it was one hell of a falling knife but was supremely confident CNX would come back after the Australian article sold a few dud stocks to get them, opportunity of the year really stating to pay off now and more to come once the trial is producing syngas.
Holding 300k at an avg of...
Well the last hole wasn't a dud, and the magnetic image hasn't helped investors or management. That said they are starting to get a better idea as to the geology at Table Hill. The next few holes should be much more promising. TH is a big target, you didn't think it would be that easy did you?