Avocet Mining Share Discussion Threads

[chloeking29] 28/8/2013 15:08

Just looking at the Fibonacci retracement levels using the September high of 96.8p and Jun low 6.5p I get the 1st 23.5% level to be around 27.8p so that's first target to try smash!

[traidemark] 28/8/2013 12:09

well ive added at 24.75p and 24.9p

usually I would wait confirmation of any resistance mentioned here at 25p but given the volume I feel it could well push through it today

25p - 50p gives zero resistance and that would suggest the stock may push forward very rapidly as it did the day it rose by 40% intraday from its last resistance

im going for a 30p+ close today if it does break through this level

[traidemark] 28/8/2013 10:43

it doesn't seem to want to go through your 25p mira ?

[traidemark] 28/8/2013 10:01

mira costs are down and production up, if you take into account the rising pog I can see no reason why not

I always project ahead as the market should do but in this case has not imo,

[mirabeau] 28/8/2013 09:54

150k at 25p

[mirabeau] 28/8/2013 09:33

tm

do you reckon it's worth 100p even with the hedge in place?

[traidemark] 28/8/2013 09:31

I suspect something is going on here in the background

I hope its not a takeover bid but suspect it might be, short term gains are excellent with bid rumours but id prefer to see these back at 300p on their own rather than a bid for say 100p which I believe its easily worth.

[mirabeau] 28/8/2013 09:16

What is it with these AT trades that even a small trade can shift the price? It's almost as if they are used to 'manipulate' the price

[sos100] 28/8/2013 09:14

don't think it will take too long to hit 30p

[traidemark] 28/8/2013 08:50

yeh, looks like more stake building going on,

and no wonder, another war looms, the us is running out of cash and more bailouts needed in the euro,

buy gold ... they don't make it anymore

[mister md] 28/8/2013 08:43

some pretty heavy buying volume now, all AT trades

[mirabeau] 28/8/2013 07:14

$1430 smashed

[johncraven] 28/8/2013 06:38

Got to be a complete relating here gold going for overnight

[mirabeau] 28/8/2013 06:14

Gold $1427!

[mirabeau] 27/8/2013 22:08

Kitco's analysis doesn't even mention Syria...I can see solid support for gold going forward

[traidemark] 27/8/2013 21:00

hxxp://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=AVM.L

buy rec from the famous bb site

[radfordp] 27/8/2013 20:57

14th Feb

Gap was between 51 and 37p

Cheers Mirabeau

[mirabeau] 27/8/2013 20:36

radfordp

Mid Feb. this year

[traidemark] 27/8/2013 20:34

disagree about the 25p,

it represents resistance only because of the attempted recovery in the share price after the fall from 50p earlier this year

resistance is better proven after numerous attempts at the price and that given price acting as previous support.

the spike to 25p was brief, with the same volume as today I would expect it to be taken out tomorrow

[radfordp] 27/8/2013 20:00

Mirabeau,
What was the range of the GAP?
If you have a link to a chart that would be appreciated.. Ta

[mirabeau] 27/8/2013 18:57

There's a gap to be filled below 50p but it needs to overcome that 25p

[casholaa] 27/8/2013 18:55

I've been in for some months. I'm just watching the bb from the side lines at the moment.

[traidemark] 27/8/2013 18:37

well the 25p that was mentioned earlier is resistance but id expect it to be overcome intraday with this recent volume

its certainly interesting that the thread is so quiet, the stock has been smashed from 300p so I would expect it has a history amongst bb posters

does anyone know if there has been any dilution from that period of time?

[lw425] 27/8/2013 18:13

the breakout on the SMA chart in the header looks textbook. a clear run to 39p then if that gives 70p+

[johncraven] 27/8/2013 17:28

Just qualified as a professional and going on to start a masters in ramping so thanks mate