Bushveld Minerals Share Discussion Threads

[gah123] 22/10/2020 13:39

Ignore Plat, he's a trader looking for a cheaper entry. I can't think of a better short and long term investment considering the movement towards green energy and energy storage. Personal target 100p within one year.

[plat hunter] 22/10/2020 13:29

probably 11p actually, I prefer to be in early and out early.

[gah123] 22/10/2020 13:28

Looks like GS had a few more to sell looking at some of the larger trades, once completely out we will fly. Last buying opportunity before 15p is taken out.

[plat hunter] 22/10/2020 13:28

Based on that I would be looking for 10.80p buy order, with a 10p stop loss and 14p limit sell.

[plat hunter] 22/10/2020 13:26

Gaps... 1 Day: 15/10/2020 @10.75 5hr: Today @14.33 20th Oct @13 19th Oct @ 11.75 16th oct @ 10.89 & 10.75 Without an extraordinary announcement that is accreative to earnings or market participants then i would expect all those short term gaps to be filled before breaking out of the current channel

[lucakane] 22/10/2020 13:19

I only see gaps in nvhltd's arguments:)Just kiddingStay safe

[jc2706] 22/10/2020 13:16

Not sure I agree with that viewpoint. Very difficult to time breakouts I find. Where are you seeing gaps? I can't see any on the daily.

[plat hunter] 22/10/2020 13:04

I don't think it will break out of it's current channel until at least the end of June 2021. Gaps to be filled all over the place between 14.33 and 10.75 too

[jc2706] 22/10/2020 12:54

I suspect that there may be another, larger sell in the background yet to be reported given the drop. We'll see later if that is the case.

[plat hunter] 22/10/2020 12:40

That's less than 1% of traded volume pushing the bid below quote

[plat hunter] 22/10/2020 12:39

100k just sold at 13.87 below quoted bid

[bassguy] 22/10/2020 11:35

We all know you missed tour entry platt...

[gah123] 22/10/2020 11:23

44k just bought at average of 14.80o

[gah123] 22/10/2020 11:21

14.85p paid and decent amount too

[gah123] 22/10/2020 11:20

14.75p paid, going up as predicted.

[plat hunter] 22/10/2020 11:06

Support at 14p on the 30 candle if it breaks to the south of that over the next in 24 hours then it's down to 12.5pUse a stop loss if you're giving Gah any gravitas

[gah123] 22/10/2020 11:01

Great mission accomplished

[plat hunter] 22/10/2020 11:00

Back on filter, until i need my spirits lifting again.

[gah123] 22/10/2020 10:59

What track record

[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?