Polymetal Share Discussion Threads

[farnesbarnes] 15/1/2021 14:51

Mark Minervini.

[montyhedge] 15/1/2021 14:07

Tell the name of a rich chartist ? I never heard of one.

[farnesbarnes] 15/1/2021 13:44

Monty

More sellers than buyers doesn't correlate to a specific price of 1575, other than you expect sellers to overpower buyers to drive the price down.

But that scenario might result in a low of 1675p. It might result in a low of 1575p. It might be 1475p, 1075p. It might be 75p.

30th November close of 1562p would have been more valid. 30th November low of 1531.50p would also have been more valid.

I said before rising support is at 1650p, that too is more valid than 1575p.

You dismissed technical analysis previously with your "show me a rich chartist" comment. Now you're proving your ignorance with a) an invalid "support" price; and b) "more sellers than buyers".

At least with technical analysis there is method to the market madness. A thought process which facilities asymmetric risk reward probabilities.

You quipped "show me a rich chartist". What you should have asked is "show me a profitable chartist". There are plenty.

[mach100] 15/1/2021 12:00

Double post.

[mach100] 15/1/2021 12:00

I feel like taking a clippers to Monty. The sooner this hedge leaves the better. I am POLY amorous myself and expect a rise in my lower region along with the share price

[montyhedge] 15/1/2021 11:50

More sellers than buyers.

[montyhedge] 15/1/2021 11:34

1575p my target.

[imastu pidgitaswell] 13/1/2021 15:28

Re previous post - no, no stamp duty on this. Good, huh? Liquid FTSE100 stock etc.

There are a very few others in the FTSE100 - there was a discussion a while back on this thread.

[imastu pidgitaswell] 13/1/2021 15:27

1700 (closing prices) does seem quite key to this one - has been resistance a number of times over past 3 months, and now acting as support. Along with the gap fill yesterday (and again today, just for a laugh), looking good for a move upwards again.



free stock charts from uk.advfn.com




If I put it in writing, it might come true...

😎

[timydogy] 13/1/2021 15:19

hen you purchase this stock through HL.
Is there no transfer stamp?
Its just i bought some In Hargreaves Lansdown and only paid £8.95 commision and PTM Levy.
Paid no Transfer Stamp.

[rasl5] 13/1/2021 10:11

my buy orders for ploy at 1720 & 1695 got filled yesterday .

[farnesbarnes] 12/1/2021 14:23

From March 20 low to N30.11.20 low, rising support is at 1650ish. But if gold support at 1826 USD/oz goes, its then 1775. If that goes, heaven help us.

[montyhedge] 12/1/2021 14:01

Trendline looks like a ski slope.

[imastu pidgitaswell] 12/1/2021 13:45

Overshoots again, and on 200 day ma. Take out the stops at 1700 - they do like to overdo it.

[imastu pidgitaswell] 12/1/2021 12:22

Mmmm - is that a gap close?

You have to be quick intraday on a freebie subscription, and that is the best I could manage before being timed out.

Whatever, added a lot here.


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[imastu pidgitaswell] 11/1/2021 14:38

Well, explanation - I wasn't apologising, I don't think. Because for what? ;-)

Anyway, added some back here on the trendline (or a little above) - but aware that it could fill the gap at 1710-20 or so, and kind of want it to so as to get it over and done with.

[farnesbarnes] 11/1/2021 13:57

Apology (?) accepted ;)

[imastu pidgitaswell] 11/1/2021 13:44

Not you - montyhedge.

:-)


Your approach is very similar to mine in terms of probabilities - I never get why everyone seems to be 0%/100%. Uncertainty and assessment of it is what the market is about.

[farnesbarnes] 11/1/2021 13:27

Name another FTSE100 you've seen me into.

Re charts, there will be levels where the price will be bid up where risk reward is skewed favourably.

Personally, I'm neither a chartist nor fundamentalist. I'll just have a punt in fundamentally sound companies, with a confluence of decent risk reward technicals.

No certainties, only probablities.

[imastu pidgitaswell] 11/1/2021 13:00

Personally I 'consider' everything - mainly fundamentals, but it's a bit daft to ignore what so many other participants pay attention to.

They become a self fulfilling prophecy to an extent - not absolutely, but they are a factor. See post 728. Coincidence?

In return, why do you so often talk your own book on FTSE100 shares - what's the point?

[farnesbarnes] 11/1/2021 12:37

Or a rich fundamentalist?

Qualify rich.

[montyhedge] 11/1/2021 12:21

Why do you go on about trend lines etc, have you ever heard of a rich chartist.

[imastu pidgitaswell] 11/1/2021 11:56

I suppose I'm looking at the trendline from the end of November low at (currently) around 1740.

But there is that gap a bit lower as per post 732.

Dunno - I'm just having a go at him, as he does this on a lot of threads - projects lower numbers based on sweet fa and basically plugging where he wants the share price to be. Really not sure why, on a FTSE100 stock, it's pretty pointless.