Danakali Share Discussion Threads

[phook inell] 27/7/2002 11:58

ff

thanks... what is the 200d ma plesae ? i get it to be 42p ?

further why is the 200d ma more significant than all the other ma's ?

by the way tbe 21d ma is rouhgly similar to the 200d one
the 51d ma is around 53p

[forfaiter] 27/7/2002 11:06

No why ?..as I said I want to see it break back through the 200d ma on good volume.

[forfaiter] 27/7/2002 00:44

I don't like the chart... I will wait for the stock to break the 200d ma ..

[phook inell] 27/7/2002 00:36

shock, horror.... why ?

[forfaiter] 27/7/2002 00:33

Sorry I meant the bid...I am out...

[phook inell] 27/7/2002 00:28

ff,

the 4,500 was yours ?

[smoketrader] 27/7/2002 00:27

Dear God, please don't let this board descend to the standard of Yahoo! Amen.

[ambabe] 27/7/2002 00:25

ff, Glad to see you still have the faith, even in this market!

[arpy_eye_indexed] 27/7/2002 00:20

Phook Inell,

Just to let you know that I received your email buddy. Wont be able to check now though, but the graph looks interesting. i'll email you back with a response.

Cheers

Arp.

[forfaiter] 27/7/2002 00:16

...Took the 35.5p on offer this am........

[dsmith626] 27/7/2002 00:12

First time I've used the filter. Arpy, you're history!

[phook inell] 26/7/2002 20:26

ff

surprised you sold out today. any second thoughts ?

[blockbuy] 26/7/2002 20:24

another gain in the states. Hopfully the dow remains above 8000 goin into the weekend.

[lex1000] 26/7/2002 16:59

Well hedging our bets with broad agreement amongst chartists that shares may go up or down.

[jayno] 26/7/2002 16:30

up 4.30% US

[arpy_eye_indexed] 26/7/2002 16:17

DNK
Having first come here to annoy phook i decided to look at this. NAV at 14p and current price at 35.25p. The turnover is decreasing over last 3 years. Profits/eps look good for this year.

The charts indicators are at the same point they were in Feb. Coincidently, so is the price. back in Feb the price took 6 weeks or so to move up 100% + !!
The only difference being market conditions being that bit more hostile. In all seriousness if these come below 30p ish, then bail out for the short term. Reason being that you'll notice a reverse cup n handle forming and its usually a sign for a plummit! That should be a stop loss imho. Conversely, these could be a fantastic buy, based on the charts. Again, in the very short term these could come down to 32p ish, but if they bounce then they could well do what they did in Feb. (Unless of course that rise was due to good news out at the time). Looks interesting! They could POSSIBLY be a good buy at 32p ?


Looking at the 3 year chat too. Looks great!

[blockbuy] 26/7/2002 16:14

If this gets to $3 I'll be forming a pan handle.

lol

oops been down the boozer again.

[phook inell] 26/7/2002 15:46

Reading Charts.
by: chemist72 07/26/02 10:26 am
Msg: 33884 of 33888

Anyone who thinks they are good at reading charts should take a look at DANKY's price chart for the past 3 months. Theirs is a real challenge. What I see is the following: from May until the end of June it sure looks like a triple bottom with an upturn ready to break out to higher prices. This turns to be a fakeout because we then break below previous support at $2.96 (which is technically where I should have sold). Looking in July, it's beginning to look like a possible "W" pattern. If so, we should see a run to the upside soon. Then we may stall out for a few days to form some sort of "handle." If we then see a breakout from the handle on heavy volume (hopefully when earnings come out), then we will have a technically positive chart pattern that should foreshadow higher prices over the following weeks.

Good luck and go DANKY.

[oaklandsway] 26/7/2002 15:20

$2.20 is not bad

[jayno] 26/7/2002 15:10

3.38% up over the pond, but low volume

[lex1000] 26/7/2002 13:28

IKN and XRX good news.Lets hope that continues. Looking for Q1 results to provide that positive buy signal.

[forfaiter] 26/7/2002 13:12

A quick return back over the 200d ma after it was broken would have negated the move.....but the volumes in the US are very low even on the back of good news from IKN and XRX..

Also the general market...nasdaq could go to less than a 1000 which could drag down DNK.....imho

Risk/reward for me is no longer favourable in the short term.....so I will be cautious and wait for a positive buy signal......

[blockbuy] 26/7/2002 13:08

afternoon all. well didn;t the us and danky hold up well.

so it looks like the world and his dog are waiting for the US open. +- 1.5% trading range today I feel. must stay above 8000 imo.

looks like twt isn't waiting for the us to open. it's off.

[lex1000] 26/7/2002 13:01

ff, out for a small profit so can't knock that.However,the other day you liked the chart and since your purchase (now sold)have posted positively both here on advfn & yahoo .What has changed?