vcm11

vcm11

$30m capex to $300m NPV Graphite mining play Last placing at 1.1p & possibly a good price for entry around there. Warrants at 2.2p within 3 years. Please be aware that Paul Johnson is now on the ACP board. -- Test-work programme aimed to progress the MOU to a binding agreement is planned to start before the end of Q1 2019 -- Discussions regarding the remaining...

vcm11

It managed to close above t-line & 20ma so this week it could head back to resistance but watch for any weakness as it's not out of the woods yet. We need to have a bullish divergence on RSI as well on next bill run as if not it could be weak & head back below. 9-10p is next resistance for a slice in case it doesn't break out. or for a break out trade wait for...

vcm11

Not one of my favourite chart patterns as it dropped below the previous resistance which can become support at 100p 65p is the support but if lost best to sell at a loss so expose wisely. Do not risk a big holding. Possibly wait for a good confirmation & buy on a retrace rather then chase it.

vcm11

Placing was at 1.75p so bear in mind they are fully funded at the moment. Very strong bullish divergence & strong support here. I don't hold but see is as a possible trade from this levels. if 1.5p is lost then best to leave stock as we might be heading to new lows. Metals play including vanadium.

vcm11

RSI giving an early signal of a potential good move to come next week. All determined by end of the day but so far its looking good. Some good news as of late announced and more drill results to come. Great BoD and patience needed as it is a gold explorer but grades seem very good so far. Low mcap so plenty of potential Expose wisely. I don't hold but like the company.

vcm11

RSI trend line stronger and towards end of day a few buys kicking in and almost closing above t-line, tomorrow might be the day we could end the week above it. Bought at 30.3p and sliced 1/3 at 38.5p and holding the rest for bigger % will add more if we test the support again but bottom of BB's are moving up. there’s a couple of things expected in Q1 for BMN: -...

vcm11

T-line being rejected at moment so we could have a double bottom to attract new buyers Bullish diveregence being formed as of late Not sure how many warrants are missing bottom support at 3.7p - 3.9p worth checking on L2 at the time

vcm11

Don't hold this stock but quite bullish on the move & I believe it will head to 300p RSI & price break out, looks strong & easy to see on RSI

vcm11

Keep an eye here for T-line break & close above we had a bullish divergence happen recently and bounced from the support which was previous resistance back in 2015 1.7p-1.8p is next resistance level & a few resistance areas like 200ma so be wise & slice accordingly - Don't hold forever.

vcm11

Please expose wisely though and have a stop loss in place as if support is not held it will go to no man's land. But I see here as a good risk / reward as it could bounce to 2p as first resistance. 2.32p next.

vcm11

Needs to hold 15p or it could drop back to re-test all time support so expose wisely

vcm11

Resistance at 120p / 205p Support 65p - 70p Don't forget to slice some in case it comes down on a retrace

vcm11

We have reached top up / entry area here again right where previous resistance was. 50ma daily (at 7p now) is creeping in which might give extra support as well if lost then we could head to 6.8p as another potential

vcm11

5p is support area and great for entry opp if it ever comes again (bear in mind spread so at times it's best to buy at 5.10p / 5.15p) if 5p is lost then bail as it could get back to 2p. I would look for 7.5p-8p target for a profit slice once we close above 6.42p

vcm11

I'm slightly bearish here due to weakness on closing above t-line & also last week's candle. there is a heavy seller here. so I'm inclined to say 19p/20p might be where we will be heading to to find new buyers. If we turn coming week and close above t-line then my thoughts will change

vcm11

A risky trade but if RSI breaks we could lead back to resistance at 11.66p No 100% confirmation on a bounce coming as of yet but bullish divergence looks good for now. Bear in mind bullish divergence can happen a few times on the way down. Weekly t-line cross with 20ma upwards could well start to become bullish so keep an eye here

vcm11

One of my favourite patters with perfect waves. Bought in this stock 4 tranches on every 200ma touch. Delayed news already priced in and plenty of sticky holders. Massive project in Mozambique to supply a 300mw of power. Government on board and awaiting final go ahead timetable.

vcm11

It has been losing support & been rejected by 200ma several times if no big catalyst / news comes in next few weeks I can see this heading to 2.52p at least.