JASMY (jasmy) Jasmy keeps getting stuck above an unending short squeeze linear pattern. The Pattern keeps shifting as the longer Jasmy is not carrying on through the lines and pass the arms folded pattern the worse the short squeezes become.
Independence
IGOIndependence Gold appears to be entering a W3:3 from my perspective . If this is correct we should see a substantial price appreciation coming soon as confirmation . The companies properties are located in BC and the Yukon so in good jurisdictions which is important to me as i try to minimize investments in mexico and south america . Their exploration efforts have resulted in recent new discoveries . Their BC property is located near Artemis' blackwater project so that is a huge plus for potential silver discoveries . Also their management team is stacked full of seasoned mining professionals and geologists . Checks all the boxes for me .
consolidated GBP = easy money (till tuesday)+info about ScotlandWe've arrived at heavy demand area. Pair should reman consolidated until we encounter a solid reason to break through this level or bounce up. Seems like situation will be simillar to the one when we were at this price level previuosly /yellow square @ Feb 2014/, yet the outcome might be opposite. I'd suggest playing it safe&technical now = from support to resistance and from resistance to support. Tuesday will be the day when some bigger move might appear.
This red, long vertical line is placed here to show the date of Scotland's independece referendum. Outcome of this referendum might be heavily injuring for UK. Wondering now wherther or not Scotland's independece is already priced in and what will happen if result shows that they will actually stay with UK.
What the price suggests is that, their independecte is mostly priced in so the impulse could be long for both the YES or NO as a result of the voting. Why? Because YES would only add-up more reasons to sell and NO would be a signal that we've pushed it too low in advance, and would mean that UK economy is safe for now causing some (or most) of all these short positions to take profit and wait till situation clears out.
What will actually happen to UK if the result is YES?
Less income from taxes, less people to contribute to GDP and overall economic growth, less people to take credit from UK's banks and first attempts to build independent monetary circulation system that doesn't support UK (or at least attempts to). There obviously are more outcomes of this but i'm only trying to imagine the scale of it and wondering if there could be any positive outcomes of independent Scotland for UK.
