Bushveld Minerals Share Discussion Threads

[plat hunter] 22/10/2020 10:59

Ha ha ha... Is this guy for real?I don't need to boast, my track record here is public knowledge.Good luck you lunatic, you're going to need it.

[gah123] 22/10/2020 10:57

Don't try and sound all posh, bitterness will get you nowhere in life.

[jc2706] 22/10/2020 10:55

Resistance at 15/16p is quite strong given that it represents the upper bound of the trading range of the last six months and the most recent falling trend line with the 200EMA in this region as well. It is very important that this breaks (and not just intraday) if we are to see a more extended bullish movement. We have had attempts over the last 6 months but nothing has stuck. There is some reason for optimism, primarily the volume. I don't recall when the volume has been so high on three consecutive days, which suggests that there is a good deal of strength in the move. Whilst such powerful moves are always going to stimulate some selling and the resultant pull backs, if the volume is maintained then it is likely to swamp the selling and move higher. In the short term it is a bit overbought so I would expect some choppiness for a while. I am optimistic but it does need to get above the 15/16p zone.

[plat hunter] 22/10/2020 10:55

Do we think Gah understands Irony, or not?

[gah123] 22/10/2020 10:42

I'm not going to take advice from someone who sold in the 10's, lol

[plat hunter] 22/10/2020 10:21

Had to unfliter him on the back of your comment and actually lolled.Traders don't care which way it's moving, they'll trade.

[gah123] 22/10/2020 09:59

Theres no guarantees with stocks but from experience I believe it is consolidating before next move up. Bmn is now in an uptrend so any weakness will be bought into.

[coldspring] 22/10/2020 09:50

I am bullish mate but honestly there is no way you can know that.

[gah123] 22/10/2020 09:47

Think the traders are now almost out, will start moving up again

[parob] 22/10/2020 08:18

Traders selling at resistance, so me might see a small pullback before the next attempt through.

[parob] 22/10/2020 07:44

Didn't stay through on the first attempt at 15p.Trying again.

[plat hunter] 22/10/2020 07:44

Further add, needs to break and hold above 15.5p Just one day won't cut it, more like a couple of months with 15p at support possibly

[plat hunter] 22/10/2020 07:41

Literally missed out on a 50% gain by one day. Gutted lolGood luck all, breakout from the bowl has 25p.No time frame for that though or guarantees, will need news too imo

[parob] 22/10/2020 07:28

A close above 15p and every technical trader under the sun will be taking a position.

[gah123] 22/10/2020 07:08

Can't buy much. Once 15p goes no resistance until 23p.

[vivgav] 21/10/2020 18:26

750k trade shown up

[wololol] 21/10/2020 17:34

This is obviously super bullish. Fundamentals have strengthened and from a technical view point looking at a minimum of 20p+ if we break 15p tomorrow. Still lots of money on the sidelines.

[parob] 21/10/2020 17:30

First day we've closed above the 200 day moving average since Feb.

[gah123] 21/10/2020 17:19

Honestly they need to get a life, all this bitterness can't be good for their health.

[mauricegarin1] 21/10/2020 16:16

Gah I can help, it’s all of them😆㈳8;😆

[parob] 21/10/2020 15:39

So tomorrow will be the day when we try to break through 15p.When you look at the chart since April, there's been about 7 or 8 attempts to go through but the seller has held the price back each time.The incredible volume over the last 3 days which should continue tomorrow, plus the seller out (or on fumes) means we should go straight through this time.

[bassguy] 21/10/2020 15:12

Nope...I have always been bullish re BMN my ONLY concern, which I have been very vocal about is the communication of the story. I have been completely consistent about this and feel the way they have handled development and communication to the market sucks royally and at times has been abysmal. I also think we will hear a lot more once all the ducks are in a row, which I feel will conveniently align with JSE listing. The business building has been excellent

[parob] 21/10/2020 14:54

Looks like today's volume is going be the highest of the week so far.Bodes well for getting us through 15p on the next attempt, probably tomorrow.