I am zely
21 Nov 2016
Found this on the ADVFN discussion forum.[link] would hope that these will now take off, if this story is true. Have tried to find some other news on this but looks like it was only released last Friday.Z
onedb1
16 Nov 2016
Hit by man flu Not been feeling good since last Friday ! Not much fun as my eyes get very tired when trying to focus on a trade . Need more brandy ! Many thanks for the messages. I did note how open interest collapsed on many metals. Chinese playing speculative games by ramping prices then getting slammed. Whilst the case to follow the rally was great till we hit a perfect trend line ( the big red line) , the corrective phase was not so hard to guess too. Its this part I struggle with . Because we know that the placing was at 110p and we see from the chart that we don't exactly have blue sky after 110. Its full of ifs and buts . We have the 116 level that needs to get taken out But the simple way of looking at it , is good. No cross of the 50sma is good thing , I'd be inclined to say follow the trend , for those in the trade . So its a hold and stay long . [link] on the more detailed analysis I have on the chart am left a little less confident that recent . [link] a long if we pass 116 ish ?
steveboywonder
16 Nov 2016
back in Back in today. Tentative bullish P&F price objective of 170. Fairly tight stop in place but will see if there is some more profit to play out here. Strong volume on the upward thrust from 93 so will see how we go.
I am zely
16 Nov 2016
Bank of Finance and Credit. Possible arrests. Not sure what this will mean for the FXPO share price but makes me feel jittery.Have a look at the links. Anyone got any comments or views on this. Looks like offices have been raided and documents seized. Appears one senior director already been arrested.[link] a rocky ride with this share. Z
forwardloop
15 Nov 2016
info [link] a nutty little morsel from one the leading City brokers if not so much extolling the virtues of Ferrexpo (LON:FXPO), then pointing to the potential value of the investment.The recent placing of 63mln at 110p has decimated the iron ore pellet producer’s value, while a further 78mln shares are in the hands of one investor who may be looking to unload.This creates what we in the business call a stock overhang - and until it is cleared, it creates all sorts of uncertainty.However, when the dark clouds do lift, Ferrexpo could be due a significant rebound. Deutsche Bank said there is 70% “upside” as it lifted its price target from 130p to a punchy 185p.The fundamentals of the business are improving, points out analyst Rene Kleyweg.“So where can the share price go from here? In our opinion, up significantly,” she adds.
penhome
14 Nov 2016
Re: metal prices rocketing! Hi OneHope the cold gets better soon!On the positive side with FXPO
I+ has just crossed back above DI-MACD is rising and is about to cross above its signal line MACD-H has been rising for four daysPrice is back above my 8emaAll three avgs (8,34 and 144) are still bullishly aligned and all three are risingThese are all off the daily chartI guess the real test will be whether it can better 128 to create a higher high.Pen
onedb1
14 Nov 2016
Re: metal prices rocketing! I am zely it happens . Can't always time it well, and in these markets and especially during such pivotal elections volatility will send the price all over in the short run. What I am happy with is that the 2 main lines of the broadening wedge worked to near perfection The 130 top and recent 91 low were pretty much exactly on the trend line . I sold at 128,5 but missed the low 90 re-entry , that was my mistake . But hey I was in very low on the up run and am really all over this chart getting entry and exit points very close to the swing points so can't complain . I could be wrong but I spotted what in candlestick analysis is called a bearish advance block and it can be the precursor to a reversal . We shall see . Am also not really seeing the Money Flow index as being bullish . Based on my way of trading , which is to follow breakouts on momentum using a few oscillators and candlesticks to go long , am not feeling the chart at the moment . But maybe its because I have a terrible cold today and for the past few days.
I am zely
10 Nov 2016
Re: metal prices rocketing! Bad call on my part.I hate the stock market.
5 Iron
10 Nov 2016
metal prices rocketing! Copper has climbed 20%. Irons turn soon. Evraz was big climber again yesterday and Kaz. Not sure you sold at a good time yesterday morning in the election aftermath!
I am zely
09 Nov 2016
Re: Have sold out this am Hi ookyfly,My portfolio is all over the place today so far - shares up then down, then up, then down again. I just can't call it short term. I am a fan of FXPO and would hope to buy back again in the near future but too much volatility and therefore risk at the moment. I am aware I potentially will lose profits but would rather lock them in now at a lower figure than risk losing a greater amount.Who knows where they'll be at close of play today and what will happen in US markets today?!I will keep watching and waiting. Good luckZ
ookyfly
09 Nov 2016
Re: Have sold out this am Good luck. But Ferrexpo is currently 4.16% up this morning.
I am zely
09 Nov 2016
Re: Have sold out this am Looks like 99% sells this morning. I sold my entire FXPO stock of nearly 50,000 shares.Generally a sea of red this morning. At least in my portfolio it is - only two in the blue.
I am zely
09 Nov 2016
Have sold out this am Have decided its time to take profits - wish I'd sold out at 128/129 but still done ok. To be clear, I will be watching and waiting for a new re-entry point very soon, hopefully.Once the dust has settled this will take off again.Z
onedb1
08 Nov 2016
Get the feeling that if the 100p level is broken we may well have enter a corrective wave C and I am targeting around 94p . Can't be more precise Post that there is decent trading choice , ie a very bearish case or if it reverts a less clean bullish move. Am all out and watching . Plus we need to assess the US election impact
I am zely
05 Nov 2016
Ferrexpo News A couple of news items, separated by two days, concerning Ferrexpo and its owner, Mr. Zhevago.[link]
