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PM8:ASX - PENSANA RARE EARTHS - Up 580% YTDPensana is looking to become the world’s newest and first sustainable supplier of critical magnet metal rare earths. With backing from the Angola government and pressure around the world to find sources outside of China for rare earth minerals, Pensana could be worth a watch. About Pensana Rare Earths Plc Pensana is a rapidly growing sustainable resources company with shares trading on the London Stock Exchange’s Main Market for listed securities (PRE:LSE) and on the Australian Stock Exchange (PM8:ASX). Pensana is looking to bring online the world’s first major rare earth mine for over a decade at a time of burgeoning demand for critical magnet metals from electric vehicles and offshore wind turbines. It is looking to develop its Longonjo project, one of the world’s largest magnet metal rare earth deposits, located in infrastructure rich Angola, as a major new sustainable supply of rare earths critical to a range of industries and technologies that are vital to the green economy and to supporting the global Energy Transition to a lower carbon future. As the Angolan government continues to diversify its economy away from oil and gas and diamonds and to develop its agriculture, tourism and mining sectors, Longonjo is the flagship mining project and is receiving strong support both within the community and from government at all levels. The Company has ongoing consultation with the local community and elected authorities and is working closely with them to ensure that the benefits of the project in terms of training, jobs and broad community support meet the aspirations of as many stakeholders as possible. As the Company continues on its path to building one of the world’s lowest carbon footprint mines it also strives to be a trusted partner for its employees, stakeholders and the communities where it operates. The Pensana team is particularly passionate about developing young Angolan professionals, especially women in STEM, engaging responsibly with the environment and broad social engagement with the local community. Across the Company, at every level, the Pensana team is committed to sustainable value creation and to the advancement of the UN Sustainable Development Goals. The project is being planned to the highest ESG standards and the Company is conducting a detailed assessment of the appropriate international ESG standards, initiatives and reporting frameworks to adopt to ensure the Company remains best in class as the project moves into the development phase. With Presidential approval for the mining licence and strong financial backing from FSDEA the Angolan Sovereign Wealth Fund which now holds a 23% stake in the company, Pensana is in a strong position to bring the project online as the world’s first sustainable supplier of critical magnet metal rare earths. Source: Pensana Corporate News
PLong
by zAngus
2
USTECH: Can you take the loss?Nobody except me talks openly about losses. So here I go again: can you take the loss? USTECH is at a nice position. You absolutely cannot 'know' what it will do. All gurus who make predictions are wrong. They cannot and do not own the future. I never make predicitions. It's either the loss is affordable, in order to gain or it isn't. The markets are there to surprise us and make fools of us. The main thing we can control is how stupid the markets aim to make us out to be. Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
WHSELFINVEST:USTECH100CFD
by Captain_Walker
AUDJPY (8H): Opportunity for a controlled lossYep - nobody likes to hear about losses. But there is no way to gain in the markets without taking the risk of loss. Can you afford it? If not leave it alone. See: 1 - zone of congestion. 2 - near fib 50% 3 - near ATR on 8h. Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Short
by Captain_Walker
CLV:ASX - CLEARVUE TECHNOLOGIES - Glass into Solar PanelsI like the idea that ClearVue Technologies produces clear glass that generates electricity as well as that they are happy to grow their business through licencing and royalty payments (I've been watching too much of Kevin O'Leary aka Mr Wonderful on Shark Tank). Looking at all the sky scrapers and buildings in modern cities you know at some stage they will all become giant solar arrays. Up just under 500% since their March lows, but still a long way way from their previous all time highs I like the idea. They just need some more sales on the board. Could be worth a watch.
ASX:CPVLong
by zAngus
6
AL3:ASX - AML3D - 3D Metal Printer - Up 320% since debutAL3 was pointed out to me by @zbfairlane here on TV. Company looks interesting. I would imagine the ability to be able to 3D print metal is definitely something we are going to see more and more of as opposed to the traditional making a cast and pouring, welding and shaping. If its anything like household 3D printing it should allow for some complex shapes and approaches in industrial design and manufacturing we perhaps haven't seen before. Had a big 10% pullback today on no news so could be a good entry area if interested. Worth a watch.
ASX:AL3Long
by zAngus
Tesla (TSLA) - selling/stop-loss priceThis is an idea about when to sell Tesla shares following on from the split and subsequent price fluctuation. --- Summary - TL/DR: For a trading position taken near the recent trough in price (around $329 on 08 September 2020), $427 is a balanced exit price, based on recent trend lines , that reasonably protects profits and avoids a potential bear trap driven by price fluctuations. --- With the price having dipped following on from the stock split (and possibly SoftBank induced market moving trades) but now having regained some of its value, this might be a good time to exit a position for those thinking of taking profit. This is also perhaps an opportune time for some profit protecting stop-loss implementation. For the record, before we go any further, I am overall optimistic on Tesla performance (car and share price) and I think in the long term this stock has value. However, some people (myself included) might be thinking about protecting profits and setting stop losses based on recent price volatility . Note: 1, 2 and 3 refer to Trend Lines 1 (green), 2 (blue) and 3 (yellow). The idea behind this exit price is that the entry price was near the recent trough of around 08 September 2020. 1 shows that generally the Tesla share price has followed the support trend line and analysis based on trend lines generally have merit for this stock. This is evidenced in particular by how the price bounced upwards around this trend line on 08 September, the most recent price trough. However, for those that have purchased recently, using this support line as an indicator for selling or setting a stop loss would not work because the entry price would be higher than the support line. Thus a trend line following the price closer to what it currently is is needed. Drawing a trend line , 2, from the most recent trough (early September) would be better but would mean surrendering a lot of profit due to the line's angle if a selling price was based on this trend line . It would be better to have a trend line that more closely aligns to the current price, which leads to 3. As the recent two daily sessions have shown, the price is starting to move sideways and is generally starting to form a flag pattern . Although it's too early to say if this is a wedge or a rising / falling flag, the previous two sessions are enough to set a trend line tighter to the recent price, i.e. 3. Using this trend line , the support price for the next few day would be around $441. Using a 3% penetration level for confirmation of movement below the support level and to avoid a bear trap (a penetration level of 5% combined with a 3 day filter to account better for Tesla's volatility might also work, however has a higher risk of reducing profit substantially if the price declines dramatically as Tesla's is prone to sometimes doing) gives us a price of $427. Which is what I think is a good price for a balanced exit strategy/stop-loss particularly if the entry price was near the recent trough of 08 September 2020.
NASDAQ:TSLA
by slip_stream
1
Tesla (TSLA) exit / stop-loss priceThis is an idea about when to sell Tesla shares following on from the split and subsequent price fluctuation. --- Summary - TL/DR: For a trading position taken near the recent trough in price (around $329 on 08 September 2020), $427 is a balanced exit price, based on recent trend lines, that reasonably protects profits and avoids a potential bear trap driven by price fluctuations. --- With the price having dipped following on from the stock split (and possibly SoftBank induced market moving trades) but now having regained some of its value, this might be a good time to exit a position for those thinking of taking profit. This is also perhaps an opportune time for some profit protecting stop-loss implementation. For the record, before we go any further, I am overall optimistic on Tesla performance (car and share price) and I think in the long term this stock has value. However, some people (myself included) might be thinking about protecting profits and setting stop losses based on recent price volatility . Note: 1, 2 and 3 refer to Trend Lines 1 (green), 2 (blue) and 3 (yellow). The idea behind this exit price is that the entry price was near the recent trough of around 08 September 2020. 1 shows that generally the Tesla share price has followed the support trend line and analysis based on trend lines generally have merit for this stock. This is evidenced in particular by how the price bounced upwards around this trend line on 08 September, the most recent price trough. However, for those that have purchased recently, using this support line as an indicator for selling or setting a stop loss would not work because the entry price would be higher than the support line. Thus a trend line following the price closer to what it currently is is needed. Drawing a trend line, 2, from the most recent trough (early September) would be better but would mean surrendering a lot of profit due to the line's angle if a selling price was based on this trend line. It would be better to have a trend line that more closely aligns to the current price, which leads to 3. As the recent two daily sessions have shown, the price is starting to move sideways and is generally starting to form a flag pattern . Although it's too early to say if this is a wedge or a rising / falling flag, the previous two sessions are enough to set a trend line tighter to the recent price, i.e. 3. Using this trend line , the support price for the next few day would be around $441. Using a 3% penetration level for confirmation of movement below the support level and to avoid a bear trap (a penetration level of 5% combined with a 3 day filter to account better for Tesla's volatility might also work, however has a higher risk of reducing profit substantially if the price declines dramatically as Tesla's is prone to sometimes doing) gives us a price of $427. Which is what I think is a good price for a balanced exit strategy/stop-loss particularly if the entry price was near the recent trough of 08 September 2020.
NASDAQ:TSLA
by slip_stream