Kaz Minerals Share Discussion Threads

[adp] 07/2/2017 08:28

Nice start

[losses] 07/2/2017 08:18

Looking good guys... 600-800 territory soon.

[luckymouse] 07/2/2017 02:58

Pretty monthly chart with tri modal distribution - no idea what that means lol

[racg] 07/2/2017 02:21

512 pretty damn good. BUT 5.89, YES that is the ticket.

[topazfrenzy] 06/2/2017 17:17

Definitely onto something here, despite my caution last week, certainly outperforming the other miners.

[rampant_bull] 06/2/2017 17:05

Good strong day against the rest of the sector, copper and market in general

[bigbigdave] 06/2/2017 17:02

New highs at the Close, nice :o)

[racg] 06/2/2017 08:20

You go Kaz. No more sales until 5.89. Make me Rich Again! I am putting all sellers and derampers 'on notice'. So called analysts with negative opinions better check their visa status.

[someuwin] 06/2/2017 08:12

Macquarie ups KAZ target from 525 to 670p

[racg] 05/2/2017 10:32

Thanks bamboo and fingers, i ll see if I can get my head around the specialism. Up to now, struck me very dark arts, gobblededook.

Losses, we got to all support BHP and Rio to hang tough and not give in to the demands whilst also supporting the chilean working man against the foreigner capitalist interests, so that the whole thing ends in a clusterf@@ck and stoppages. Guess, they ll actually reach agreement quickly enough as it is in neithers interest to lose wages or production. Hopefully, we can rise well on the back of the temporary uncertainty.

[fingers xxd] 04/2/2017 11:16

Racg - 'chart school' at stockcharts.com is a free site, well worth a visit. It will tell you everything you need to know about charting

[bamboo2] 04/2/2017 11:08

racg, Results are on the 23 Feb afaik.

I have picked up charting info over the years from books and websites. Fingers bb on advfn is very useful. I have focussed on chart patterns, because there are so many advantages over other methods. eg target setting, buy/sell signals. The only significant disadvanage is the time taken to ID them correctly.

Patterns are forward looking, using patterns in the right way is akin to having a time machine imo. This is not the case with many indicators which often lag price, although these can be used to help wth buy and sell decisions.

Bulkowski is my preferred go to for info on chart patterns, although many others give good basic info, such as Stockopedia.

[losses] 04/2/2017 10:53

This will increase price of copper... taking Kaz with it!

[mr roper] 04/2/2017 10:34

Hi bamboo, latest here

Looks like potential strike dates pushed back to Feb 13. I think govt mediation usually is 5 days

[racg] 04/2/2017 10:21

Hey bamboo, what's the hest place to read up about charting for a beginner, without any ridicolous upselling or dodgy reasoning/claims?

Ta

[racg] 04/2/2017 10:19

Lead up to results will see us right, I think.

[bamboo2] 04/2/2017 09:51

Mr Roper, thanks for the info. Can you post any further details?

[bamboo2] 04/2/2017 09:47

KAZ, Price has made good progress before topping earlier this week at approx 508. This price action looks like a flagpole that preceeds a consoldation zone, although it could become a v spike. The pole is measured using the fib retrace marker for clarity. It is common for retraces to 50/61% wthin the consolidation.

Possible turn dates are 6 Feb and 8 Feb.

[mr roper] 04/2/2017 09:12

Bamboo those dates possibly will tie in nicely with confirmation of whether The Escondida strike will go ahead or whether govt mediation to avert it was successful

[bamboo2] 04/2/2017 09:04

Copper. Historical resistance has prevented the INVH&S from confirming. The dominant chart pattern is now a Rising Wedge [this is the rh side of the INVH&S] with downward breakout. The target is the lowest point in the wedge which is approx 2.47 There are potential turns around 7 Feb and 15/16 Feb.

[bamboo2] 03/2/2017 19:12

Would guess this will consolidate, ie make a pennant or flag. Will post a chart over the weekend.

[racg] 03/2/2017 18:26

Obviously, prefer if it didn't. Rampant's clearly well researched and reasonable target would be prefarable.

[racg] 03/2/2017 18:24

Could do. Why, do you think 4.60?