onedb1
13 Feb 2017
Re: Higher highs higher lows Ook It's your money , your risk. You have done really well here and it's all down to you . Well done . I continue to remain Long here as my first target is taken out I now target 230In reality though for so long as we have great production , high iron prices and improving ebitda this stays a buy and hold . At least that's what am doing since 70p . Adding all the way up . Love to find charts like this or Ithaca .
ookyfly
13 Feb 2017
Re: Higher highs higher lows No complaints:I have a little over £98k worth. Thanks for the tip, onedb.
onedb1
13 Feb 2017
Higher highs higher lows The trend continues . 230p is nicely on track . Iron ore in rude form too
onedb1
08 Feb 2017
Debt upgraded yet we have a down day Today everything is conjuring against me trying to get me angry lol ! What a day ! Not 1 position doing well ! I don't get this very often ( luckily )
onedb1
07 Feb 2017
My original target was 165-170 guess that TA worked very well for me from the 70s But I did say a secondary extension to 230p is possible . Effectively all that it is , is the Fib 2.618 of that first (i) wave containing the first 12345 impulse wave. ( i will post the chart this evening ) I know some detest EWs and Fibs etc . But in particular with this chart I have done well. So similar to Deutsche a Technical 230p is achievable Also to note iron ore $83 !! Pretty good I'd say . Especially when we can achieve good cash inflows at $55 . Jan must have been a bumper month and Feb too so far . A forward thinking EPS in 2017 in excess of 30p say 35p with p/e ratio of 6.5 to 7 gives 227 to 245p . In 2015 it was 20p in 2016 we are still waiting and am guessing 25p plus to max 30p So not far fetched at all to see 230 here On our way to March now and I think we'll get closer to 180 thereafter should EPS of 2016 be somewhere around 25 to 30 and confirm a positive outlook I'd imagine that the 230 Deutsche target will be a formality . Rio Tinto data will be interesting to read .
oldjoe1
03 Feb 2017
Re: Deutsche Bank 230p target Excellent news.
onedb1
02 Feb 2017
Re: Retrace - Ook You ask a good question and I'll post you that chart later , am off as I have to hit the west end. But previous 154ish resistance becomes support and I suspect that as RSI got a bit over heated some preferred to take minor profits in what is probably a scalp strategy . Most likely to re-enter now . As Pen correctly states , the ATR( average true range ) is at 8,3p right now. Pen used a 2 * ATR to suggest a tolerance some traders in trend trading may set their trailing stops, I agree . As its not far off what I do . But for so long as Trend and Momentum are on the Long side , this stays Long biased and am Long myself. Not worried as iron ore this Jan has been flying JP Morgan has 205p and I bet it gets revised this March to higher levels ATB mate
ookyfly
02 Feb 2017
Re: Retrace On reflection, dipped my toe in: bought 6000 at 154.635.
ookyfly
02 Feb 2017
Re: Retrace Thx, but a rose by any other name..... it's currently down by nearly 4% so I think I'll wait a little.Also watching ENQ.
penhome
02 Feb 2017
Re: Retrace FXPO's average daily price range is currently about 8p, so intraday moves of up to about 16p are probably to be expected. So I wouldn't class this as a retrace.
ookyfly
02 Feb 2017
Retrace How far will today's retrace go? This is one of my largest holdings. I'd like to buy even more.
onedb1
01 Feb 2017
Re: Breakout Hi PBeen reporting on this chart since last year ! Expecting an avalanche of comments given the great chart and gains. Funny how many focus on the 0,00001p stocks and make zip whilst here I actually posted my chart for all to use as reference with super detail . This has been a Multi bagger and now I need to update to oneF40 hahaha forget the Db1 
penhome
01 Feb 2017
Re: Breakout Looking good![link]
onedb1
01 Feb 2017
Breakout As always anticipated by my posts in advance ..TA - uber Alles lol Once technicals and fundies allign it gets brilliant .
oldjoe1
31 Jan 2017
Re: FXPO, HUGE BROKER UPGRADE........ <b>Ferrexpo Plc 39.5% Potential Upside Indicated by JP Morgan CazenovePosted by: Amilia Stone 31st January 2017</b>Ferrexpo Plc with EPIC/TICKER LON:FXPO has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Ferrexpo Plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set a target price of 205 GBX on its stock. This indicates the analyst now believes there is a potential upside of 39.5% from today’s opening price of 147 GBX. Over the last 30 and 90 trading days the company share price has increased 14.65 points and increased 40.25 points respectively. Ferrexpo Plc LON:FXPO has a 50 day moving average of 140.06 GBX and a 200 day moving average of 82.94 GBX. The 52 week high share price is 154 GBX while the 52 week low for the share price is 17 GBX. There are currently 591,637,153 shares in issue with the average daily volume traded being 2,210,983. Market capitalisation for LON:FXPO is £880,356,102 GBP. Ferrexpo Plc is an iron ore pellet producer. The Company produces, develops and markets its principal product, iron ore pellets, for sale to the metallurgical industry. The Company’s operations are vertically integrated from iron ore mining through to iron ore concentrate, and pellet production and subsequent logistics.
