Danakali Share Discussion Threads

[blockbuy] 31/5/2002 08:31

Morning all.

This is now level with the states.

Buyers will be interested now

[forfaiter] 31/5/2002 08:31

SP.....sure nothing is set in stone......the stock could rally again today and have another go at the 70/71p level......

From a trading point of view......the cautious should wait for a decisive break of this level......even if it means losing some of the gain at least you know you are on the right side of the market.....

[psychicdoc] 31/5/2002 08:29

go into free bb and type fara

[easykill] 31/5/2002 08:25

psychicdoc

can you put the URL for "malfaraj's" thread please ?

[serious punter] 31/5/2002 08:24

FF

Whilst I agree that it didn't maintain the breakthrough, it did climb to $4.19 & obviously profit takers moved in. However, with buying at the end, it ended up $3.99, only 7cents away from the 70p($4.06) level. Therefore the momentum of the past few days has been maintained. IMHO, this will easily break $4 today, because if there was a serious bear mood across the pond, it would have settled back to its start of $3.80. or less.

[dazz17] 31/5/2002 08:19

yep i think we'll have more than just a wobble today..........oh well

[forfaiter] 31/5/2002 08:15

Until it breaks the 70p resistence level it is nothing more than a technical rally(bounce)after retracing from 85p to 53p.....just as shares do not go up in a straight line the same rule applies when they go down.....

A decisive break of the 70p level on the upside will be bullish.....but was unable to hold break through that level yesterday....

[psychicdoc] 31/5/2002 08:04

357
when it was 53p this ar...h.. ff was taking about 37p now it is at 70p and he still is,i think it is time to ignore him totally now,check out melfaraj's thread 'fara',very informative

[serious punter] 31/5/2002 07:56

Mornin All (including FF)

Yesterday was a good day for DANKY/DNK IMHO. We sailed backed to well over $4 on the Nas, then profit taking (fair enough) then strong buying to $3.99. I'm a bit confused in so fare as Nasdaq.com has the closing price of $4.025.

IMHO we will move up to $4.75 mark by midweek next week, then we will find a psychological resistance level of $5 a tough nut to crack. When this is breached, then the price will stick around this level or fly - why - because the institutions will seriously become interest @ $5 and DANKY will get listed on the main market after 90 days (if it holds $5+.

[forfaiter] 31/5/2002 07:55

357man.....neither will you when it reaches 37/42p....LOL...

[sigora] 31/5/2002 07:46

I always respect melfarajs opinion when it comes to technical analysis he is nearly always spot on , but to get to £1 short term really all depends on volume and hopefully some good news i.e contract wins in the long term £1 is enevitable jmo.

[psychicdoc] 31/5/2002 07:33

sigora;
melfraj on his thread talks of £1 before the end of this summer, what do you think

[psychicdoc] 31/5/2002 07:19

ff i clearly said at what price i topped up now this clearly confirms you cant read,if only you didnt play truant from school, lol...lol

[serious punter] 31/5/2002 00:58

I-Watch looks encouraging across the pond.

[sigora] 31/5/2002 00:55

the price is moving up nicely, just a word of caution to sustain this rise we need a pickup in volume across the pond to around a 1m then these will really motor jmo.Past 2 trading days the volum has been 3oo & 350k which is pretty poor.

[atsuresh] 31/5/2002 00:21

oaks,psychicdoc,glare,

sorry for not replying soon, been away

www.h-l.co.uk is the address

excuse me don't know to copy the url

also ,please note the admin charge of £12.50 every 3 months at Har lansdown

and some free research sites such as sey price,peel hunt, 3 free newsletters
about aim stock,pennyshares,in the city

[blockbuy] 30/5/2002 23:31

FF, the question is, over the next week or so, will the price return to the rising trend line line of chart 1 or to the falling trend line of chart 2?

[forfaiter] 30/5/2002 23:25

LOL...that really is a chart an a half...what a ride its been....

[blockbuy] 30/5/2002 23:20

Has risen 977% since the bottom on 28 Dec 2000 at 6.50. Has broken the floor of the rising trend, which indicates a weaker initial rising rate. High risk with an average difference between the lowest and the highest price of the month of 56%.

This hasn't stayed oversold for long in recent times buy the looks of it.

[forfaiter] 30/5/2002 23:15

EK...Go to ww.stockcharts.com and type in DANKY ..then candlestick charting...do you see a long white candlestick formation ...?

More like a bearish reversal 'deliberation formation.'.....imho

[easykill] 30/5/2002 23:04

American Bulls says :

Today a Long White Candlestick formed. Buyers were aggressive and the buying pressure was strong. Today the stock closed higher, close to its high (sign of strength) with a higher high and a higher low. A bullish gap occured, which may indicate an upward break out.


Tradetrek's 5-Day Forecast of the most likely price movements (purple line) for the next 5 days by Tradetrek's proprietary artificial intelligence stock prediction model. Shows DANKY at $4.75 by Thursday next week.

[maxbubble] 30/5/2002 22:55

do nas traders not trade by the 90day ma?

[dazz17] 30/5/2002 22:49

hmmmmmmmm :)