Starting to make a trend reversal but a litle early to know 100% T-line could well be crossing the 20ma = bullish we need to hold the 20ma and we will have a nice run!
chart notes above but it didn't hold the T-Line and has lost the momentum it had, I except this stock to come down lower short term.
Everything can be seen on the chart very bullish for me at moment and it's down to patience & let market run it's course. next results in November I believe which will show the profit/revenue they will make. cash at about £9m & mcap at £10.7m - barely pricing any of their contracts.
we need more buy volume to kick in for a potential reversal recently a lot of hype sentiment on this company but worth keeping an eye on for future as news continue to come. look for when we close above t-line.
VERY BULLISH HERE 50ma weekly / 200ma daily / SR level / 0.618 fib retrace this should all provide strong support and a bounce from here.
EML having a nice retrace before next leg. Really like this company but not holding shares at moment but keeping an eye on. I see 2 areas for scaling in: 3.36p 20ma 2.8p-3p where previous Supply / Demand was previously
as Director keeps buying into it, you can see that he truly believes in the company going forward. lots happening next few months in this company so he will be entering in a closed period eventually. we are almost at SR level so can see a potential volume spike & bounce from there. as a long term trade this could do extremely well so better get on the fundamentals...
Will look for a double bottom to do a bullish divergence before a stronger bounce. Quite oversold and should start building momentum very soon. news will also help to bring extra sentiment. some bullish divergences happening bit by bit as buying volume comes. a few MA's to break on the upside so it might take a while to adjust but eventually it should start...
I believe we should at least head back to the 200ma and with production reaching 8k boepd by year end news then we should head back to highs by spring 2019. time to be patient as Paul Welsh is always under-promise over-deliver. read the last few RNS's to make up your mind. Also interviews on Proactive Investors.
Looks good with a close above T-line Might be having a good week this stock. Good volume last week.
Amazing bounce from support level. for entry I would look for a dip back to 50ma or T-line as you don't want to be buying at the top just in case. Really great chart setup and will look into fundamentals this week.
Quite a nice chart setup for possible entry to come soon after long wait on sidelines as been on down trend for long time Always best to wait for the best moment to start scaling in if you are keen on the company. Descending wedge as it gets tighter it will eventually break up. non-bias view as I don't hold any shares.
I believe we might be on a reversal here based on some indicators. Also strong support level here possibly due to demand sub 4p. Oversold levels. Chart notes above.
Unfortunately I'm slightly bearish here short term but will keep a watch for a reversal. 56.4p is my next support level if 20ma is not strong enough to bounce from. 49.8p quite possibly a great top-up or entry if it drops that low but unsure if it will. Chart notes above.
We might see a further small dip before next leg but feel bullish on the chart setup Chart notes are on chart above.
Still looks good for a further wave so a good possability of scaling in on a further dip. Please do your own research on fundamentals.
Feasability study is this month and as per their tweet they are excited and looking forward to releasing the results. Nickel price is doing well and massive price forecasts for next few years. Chart says it all. Wave 5 started.
Best Graphene UK company I had the experience to follow. Always liked the company and if trend is kept this is where I see the support levels. Placing will obviously have an impact this monday and for a little while we might go sideways till further news on this deal which might be amazing.