Ferrexpo Share Discussion Threads

[gilesgraves] 20/3/2017 07:35

Im not doubting the uptrend. I haven't doubted it since 70p!

[muffster] 19/3/2017 22:13

I agree with telbap. Giles there will be wild swings but uptrend still in force

[telbap] 19/3/2017 18:07

Giles....it goes without saying that news flow and iron ore prices can affect the sp, above pattern is just my thoughts based in previous patterns.

[gilesgraves] 19/3/2017 09:44

Different posters are saying different things. All looking at the same charts. One poster said : 166 then up to 186 then up to 201. Another poster said Charts are looking for 175 then retrace to 155-160, then on to 225. Now you Telbap you are saying 195 then another pullback to 160 then back up through 210 - 220. How can you all be looking at the same information and coming up with such different results? Also, this doesn't account for daily news, ore price change, daily candles, and most importantly the decisions made by big players. It doesn't matter what the chart says if a big holder decides to start selling. This is how we get caught out with drops like earlier this month. We are all looking up and a big holder decides to sell. We need to be more nimble and pay more attention to changes in patterns if we are going to make the most out of this stock and not be taken for a ride by bigger players.

[telbap] 17/3/2017 22:01

Evening all....looking at the chart, going over the waves we have seen ris I ng through 50p to 175, I would say we will get to 195, then another pull back, to about 160, then back up through 210 - 220. If we catch it right an excellent trading play.All imho, door etc etc.

[gilesgraves] 17/3/2017 16:39

I think deutsche bank are behind the recent sell off we went through. Just after their 230 announcement the selling started. I think they announce these targets to keep mugs like us invested in a share and hopeful as they do the selling they need to....

[bent banana] 17/3/2017 15:54

Deutsche new target price 280 pence

[bellbottom] 17/3/2017 09:08

General Ukraine news - With current news on a possible further Scottish referendum, the Crimea situation makes an interesting juxtaposition. Not sure how 'fair' their referendum was but if you believe the data then 98% of Crimeans (who voted) want to be part of Russia. Not clear on US stance, when Trump previously stated his support for Crimea being part of Russia. Not a clear cut situation by any means. Interesting that all comments are anti US/pro Russian?



EU financial aid package to Ukraine - with the usual stated conditions. I note that they are predicting a 2% shrink in economy due to ongoing blockade.



A few good articles on general situation in Ukraine. Worth a read.



Looks like the usual FXPO Friday drop off. Maybe a few latecomers to the party can get in at a reasonable price today - or those who played the trading game and got caught out with last two days jump in share price

Also, with the regular huge swings in the SP, I wouldn't be surprised if this drops off this morning and recovers into the blue this afternoon. Too risky a strategy for me - I remain long.

[mark_jm] 16/3/2017 20:42

Ive seen this bus journey before, but sadly only as a pedestrian last time round, watched the Sp fall to <50p in 2008 accompanied by an ore price of around $60, then watched it rise to nearly 500 I think it was in 2011 as the ore price reached $180.

This looks like a repeat journey with very tight correlation to the ore price, the share price can almost be predicted based on what the outlook for the Ore price is, not withstanding Geo politicals of course.

I got back on the bus when the ticket to ride was 55p, watched it get discounted for a few difficult months, but reaping rewards now. looking forward to 230 p as per most broker share price forecasts in next few months.

[discodave4] 16/3/2017 19:12

Double drat and b&@@#$¥s.............I hate FXPO! :)

[onedb1] 16/3/2017 11:59

Hi BB,I am away from my desk till tonight but will look to see what the swings could be . As you know am a trend trader with the odd swing trade ( to generate more alpha if possible in both trending and non trending periods ) But a pure swing trader would know better than me as am still a long way to be very consistent with that strategy .I'll see if there is an over head minor trendline / diagonal. But the earlier chartist did show the clear trend channel. That is a decent guidance IMO SO Roughly speaking we have seen FXPO bouncing off them all the time . I will post a link to my view tonight . For now trend is up and that is what I follow . Targets are subjective from my testing. What will make me change my mind is a trend change or momentum change

[lateralam] 16/3/2017 11:07

I'm long from 139. Looking for 175+ in run up to results. Will take a view after these on 22nd.

[che7win] 16/3/2017 10:41

Agree with previous comment on OSB results being good today.

All the miners are on fire - the chart here looks good for a catch up to 200p+, I've bought some today ahead of results next Thurs.

[bellbottom] 16/3/2017 10:17

Hey Onedb,

Are you expecting a reasonably steady rise now to 200p? I imagine at that key price there would be a few sellers and a drop back before it starts to climb again to 230 and above.

I half expect to see it rise up in decreasing amounts until next Thursday's results and then to fall back on good news (as often happens), before it starts a steadier rise to 200p in the next few weeks.

[onedb1] 16/3/2017 08:58

Fxpo on form and picked up by chart followers ..:-) Happy days 20p gained . On top of the big gain from the 70s that I banked .Results should confirm much improved fundamentals Market likes FXPO

[thorpematt] 16/3/2017 08:06

Maybe get on the OSB bus as well...

Anyone on that one?

I quite like the route so far and it looks to be heading the right way.

[gilesgraves] 16/3/2017 06:48

HAHA. This thing is never going in a straight line so its entirely feasible you could buy at under 155. Good luck.

[discodave4] 15/3/2017 20:39

pbutterworthThink you may have misinterpreted my earlier post, I wanted to get on at 152 but missed it, it closed at 158.......so 155 has come and gone and I'm still standing at the stop with a red face and my finger up..........!.Thanks Thorpe for your nice graphs.Hopefully there is a detour tomorrow to pick up any stragglers.....me!.So guys, those that are onboard, would you mind having a word with the driver!.DD

[thorpematt] 15/3/2017 19:48

I stayed on the bus. As mentioned at the time I also bought some tickets of some off the people who got off the other day.

I'm probaly gonnas stay on the bus for a while longer because I think it has a little way to travel.

I think there is plenty of opportunity to get on the bus and enjoy the rest of the journey. Last time it was good and kept well to the route.

Funnily enough I did an update of the map of the new route last night. I didn't put it up here beacause I thought you all had a copy a would have found it tedious.

Here's one I dod on March 2nd

free stock charts from uk.advfn.com


Here's last night's effort:-

free stock charts from uk.advfn.com

[telbap] 15/3/2017 19:38

Went long sb at 152....topping up sipp tomorrow if we establish te channel

[pbutterworth1] 15/3/2017 16:35

Dd you have not missed the bus under 155

[pbutterworth1] 15/3/2017 16:34

Back in long on FXPO big once again. GLA!

[discodave4] 15/3/2017 16:16

OnebThanks.Drat - I hate missing the bus (152) but hopefully another one along soon!.Good luck.