Inspection Eng
06 Jun 2018
Re: Tern Tern has just bounced off the 5yr resistance for the third time in a month. Any views as to where next?
Elviron1
06 Jun 2018
Re: BMN Update Classic pullback to the broken neckline today...Will this be the start of a more serious correction - the pattern would suggest it is. If it "fails" though, it could have some good upside from here.Fundamentals aside, I think that it is a poor R:R scenario, until the chart gives a more definite signal as to which direction price will move from here.
GENG
06 Jun 2018
Re: BMN Update Only downer on BMN is the 2017 St Patricks day gap at 4p
MaX ProfOrdiS
06 Jun 2018
Re: ZOO breakout I decided to sell at 108 yesterday and bank a small profit.
loadsadough
06 Jun 2018
OXB RNS OXB and Axovant Sciences Licence AgreementRNSRNS Number : 4166QOxford Biomedica PLC06 June 2018 Oxford BioMedica and Axovant Sciences enter into a $842.5 Million Exclusive Worldwide Licence Agreement for OXB-102 for the Treatment of Parkinson's DiseaseUnder the terms of the agreement, Oxford BioMedica will receive a $30 million upfront payment (approximately £22 million) including $5 million as pre-payment for manufacturing activities related to OXB-102, now renamed, AXO-Lenti-PD. Oxford BioMedica is also eligible to receive $55 million upon the achievement of specified development milestones and $757.5 million upon the achievement of specified regulatory and sales milestones, with 7% to 10% tiered royalties on net sales of AXO-Lenti-PD.Loadsadough
Lady Jennifer
05 Jun 2018
Re: BMN Update I'm not worried by the a small retracement after such a steep rise, which is only about half the anticipated revaluation due following the rise in global Vanadium prices (which beginning to rise again), particularly when much of that pullback is due to the sale of the Wogan warrants (plus a few T20's) as I've already noted.
MaX ProfOrdiS
04 Jun 2018
Re: ZOO breakout That would have been my read of the RSI and MACD too. It just remains to be seen how much price resistance there is at 110. It touched 109.50 today before falling back slightly later this afternoon.
penhome
04 Jun 2018
Re: ZOO breakout Need to see if it can start closing above 110. If so, RSI and MACD suggest there's some headroom.Pen
Elviron1
04 Jun 2018
Re: BMN Update Pen, beat me to it with the H&S!
Elviron1
04 Jun 2018
Re: BMN Update It's looking a bit technically toppy in my opinion, having made a lower high and struggling at a flattening 50 day currently. There's also a pretty clear (if slightly angled) H&S pattern.
MaX ProfOrdiS
04 Jun 2018
Re: ZOO breakout Any thoughts on when this might top out? These are fairly rarefied heights for ZOO and its within spitting distance of its previous mid-April highs. Does this breakout still have gas? MACD and RSI would seem to suggest that the recent price surge still has some legs but not sure where it might top out.
Lady Jennifer
04 Jun 2018
Re: BMN Update Agreed.Interestingly, todays' low also corresponds almost exactly with an 89 fib so I'm almost ready to call it a bottom....
penhome
04 Jun 2018
Re: BMN Update Hi LJThanks for that. I'll have a proper read through later on.The 'lull' also looks a bit like the tail end of a H&S[link]
Lady Jennifer
04 Jun 2018
BMN Update A while ago I posted about a share that might be of interest - Bushveld Minerals (BMN)Since then I have learned a lot more and trebled my holding as I believe this is potentially "another GKP"Some research and copy posts are available on my ADVFN page and I recommend you to take a look whilst there is a lull in the price due to some warrants being sold down with approximately 5M of around 12M to go.......[link]
The Real Grinch
03 Jun 2018
Re: SOU thoughts Pen,Thanks for your observations. I admit I hadn't thought about the May18 low of 35 being a support, makes sense though; I couldn't see anything other than the 24 in 2015 which you also point out. I will bear in mind the idea of trading this on the way up, sounds like a plan. My gut feeling is that this share will generate a lot of interest in the next 12 months as they try and monetise their assests in Maroc but we will see!Thanks againGrinchy
