AAR - Astral Resources

[ideaforlife]

Hi guys, I'm a new player here. Just bought a bit more AAR, but notived the MACD is actually decreasing. Isn't normally a bad sign? Sorry for my ignorance:

 

[BUY&SELL]

Volume 11,393,512 in first hour, up 9.52%
I think some more to come today, not much vol before 10-11 cents

 

[aaronphetamine]

Ideaforlife, it depends on what time frace MACD you are looking at ?

There is alot of buyer resistance atm, more than i thought there would be, keeping the price above 9.0c now for a while. I personally wished i picked up heaps yesterday at the low 8's !

BUY&SELL - i thought the same thing as you, that people have read your report. AAR also did a run on tuesday reaching 9.1c before closing in the mid 8's, It seems as if people are retesting AAR, each time it is happening there is less resistance from sellers.

 

[sting]

total resistance from this Seller at least All access barricaded and defensive perimeters set.

I purchased these at 6's and dont intend on selling in the near future

SEMPER UBI SUB UBI

 

[hangseng]

Ideaforlife, it depends on what time frace MACD you are looking at ?

There is alot of buyer resistance atm, more than i thought there would be, keeping the price above 9.0c now for a while. I personally wished i picked up heaps yesterday at the low 8's !

BUY&SELL - i thought the same thing as you, that people have read your report. AAR also did a run on tuesday reaching 9.1c before closing in the mid 8's, It seems as if people are retesting AAR, each time it is happening there is less resistance from sellers.

Positive divergence about to occur on both DMI and MACD with a rising RSI.

AAR seems to be setting for another run up.

 

[hangseng]

Positive divergence about to occur on both DMI and MACD with a rising RSI.

AAR seems to be setting for another run up.

It seems my charting skills are improving

AAR now .10 and it looks like .105 about to be breached.

SBL up today as well so I must be learning something.

 

[aaronphetamine]

Yes Hang Seng, your bloody amazing, and im not kidding either !

I sold some at 10.5c... do you hate me : hahaha.

Ill be watching this one closely though... im angry that i will be away all monday as things are just heating up for AAR.. I think AAR WILL get a speeding ticket for this however. that will cool things down a bit.

 

[hangseng]

Yes Hang Seng, your bloody amazing, and im not kidding either !

I sold some at 10.5c... do you hate me : hahaha.

Ill be watching this one closely though... im angry that i will be away all monday as things are just heating up for AAR.. I think AAR WILL get a speeding ticket for this however. that will cool things down a bit.

hmmmmmmm...amazing could be a bit big....fast learner maybe.

Yes something is happening it seems. Keep in mind though I picked AAR mainly on fundamentals, the charts I regard myself as a competent learner.

 

[Ruprect]

Unless there is an announcement out early next week, it will pull back.

As a holder, i hate to say it, but this looked like a classic pump and dump this afternoon. Was holding just above 9c for most of the day, until a late surge with large single buyers. Held at 10-10.5 cents until just before close, buyers built up at 10c, well over 3 million, then taken out in one hit 2 mins before close, pushing down to the million or more waiting at 9.9. Then they got taken out straight after.

I didnt like the look of it.

However, i know good things are coming here, so if an annoucement comes, i'll be happy and I'll be pleased if im proven wrong about today.

 

[aaronphetamine]

Yeah it did seem like that to me as well Ruprect.

I witnessed it peakto 9.3c this morning and I thought, OK that all she'll do today and probably settle back into the high 8's by close, still this afternoon at the very early 9's and then all of a sudden at the high 9's.

I dont know what is with AAR, it seems that every so often it just does this massive jump, and from the previous 2 big jumps in the last mnth, It has always settled back, ofcourse becuase there was never any accompanying announcement to keep the prices aloft.

I think this will be the same, Im just not sure if the SP can get across all the resistance at the 10.5c mark without any help from ann's.

Unless like others have said b4 me, there is an ann early next week, the price could peak at 11c and then fall back into the low to mid 9's

And i think a speeding ticket will be issued as well.

 

[hangseng]

Unless there is an announcement out early next week, it will pull back.

As a holder, i hate to say it, but this looked like a classic pump and dump this afternoon. Was holding just above 9c for most of the day, until a late surge with large single buyers. Held at 10-10.5 cents until just before close, buyers built up at 10c, well over 3 million, then taken out in one hit 2 mins before close, pushing down to the million or more waiting at 9.9. Then they got taken out straight after.

I didnt like the look of it.

However, i know good things are coming here, so if an annoucement comes, i'll be happy and I'll be pleased if im proven wrong about today.

I thought the same Ruprect when I saw that, until I saw the close. Very strong .10 close.

There was quite a few people who thought they were caught on the last run up so they took a chance to depart. In the scheme of the days trading it was only about 3m shares in that action. IMO I think they have jumped far to quickly. Although I do understand, I used to do the same myself when I first started trading. Emotion needs to be controlled or you will only lose money. I am almost emotionless now, just hard cold reality and facts move me to action now and it took me to lose to learn this.

 

[UPKA]

I am almost emotionless now, just hard cold reality and facts move me to action now and it took me to lose to learn this.

hahaha for some reason that made me laugh:, the finishing was fairly strong today, good bunch of late orders was put thru at 10c. i think the market is expecting an ann sometime early next week. bt then after all we've js passed may, june should be a good mth! with or without any ann! again wat really interest me is that AAR is cloes to RMS's find, the gold grade could be as high as the one reported from RMS, so it should be exciting to see the next ann, im holding on my holdings really tight! not selling till the ann.

 

[aaronphetamine]

UPKA, if you scroll to the previous page BUY&SELL was kind enough to post his talkings with the MD i tihnk it was of AAR

He goes on to say that AAR never expects nor expected to have such high grades as RMS, none the less they could be quite high etc...

I hope there isnt an annoucnement till I jump back on board with some more holdings in AAR ! : An annoucnemt is "supposed" to be nigh, but then ive been tracking AAR for a month now and its been said all along.

Hangseng, yes I know what you are saying, I personally am a new young trader and im removing my emotion and the reason i sold was exactly for the aforementioned reasons felt insecure after a jump in SP weeks ago then it falling back.

I know in the longer term only good can come from AAR, but im expecting the SP to drop back a little bit next wee and buy into that again.

 

[BUY&SELL]

I thought the same Ruprect when I saw that, until I saw the close. Very strong .10 close.

There was quite a few people who thought they were caught on the last run up so they took a chance to depart. In the scheme of the days trading it was only about 3m shares in that action. IMO I think they have jumped far to quickly. Although I do understand, I used to do the same myself when I first started trading. Emotion needs to be controlled or you will only lose money. I am almost emotionless now, just hard cold reality and facts move me to action now and it took me to lose to learn this.

So Hangseng are you still in for the long term? Would you agree it's only looking a bit toppy if your a day trader? I do belive the chart is what it is and that tells us more is to come next week. This month 3/4 of aar shares have changed hands and I don't belive all are day traders and that is a reason for an ongoing sp.

 

[UPKA]

UPKA, if you scroll to the previous page BUY&SELL was kind enough to post his talkings with the MD i tihnk it was of AAR
He goes on to say that AAR never expects nor expected to have such high grades as RMS, none the less they could be quite high etc...

I believe that MD was js being conservative, trying not to hype up the market too much before the ann is made. by the look of things today, alot of ppl r expective positives abt the upcoming ann. as you have mentioned the spike in SP was triggered by a single large purchase, could it be insider? i guess we'll find out next week.

 

[hangseng]

So Hangseng are you still in for the long term? Would you agree it's only looking a bit toppy if your a day trader? I do belive the chart is what it is and that tells us more is to come next week. This month 3/4 of aar shares have changed hands and I don't belive all are day traders and that is a reason for an ongoing sp.

I most certainly am long and at times I have also had the rare pleasure of trading AAR. I sold AAR on the last big spike and came back in again recently as soon as I saw fit and now have a few more. If would have waited I could have gotten even lower but I am very pleased with what I have. I rarely do this but it went for such a strong run last time, technically, a pull back was almost certain to consolidate and a chance to increase my holding with the profit was just glaring at me. AAR is coming so close to PFS for Koongie Park. I don't think I will try to trade it again, time to sit it out and hold for the testwork, mining DFS, PFS close out and beyond. So much to look forward to.

I agree entirely that this is not only day traders (although they are have a ball it seems), certainly not me with my smallish holdings and funds base. I am quite surprised an initial/change substantial holder notice hasn't been reported with the volume that has gone through.

 

[Ang]

I have loved the fundementals on this a 10 cent stock making money with Gold production. The latest move is due to the price of Gold have alook at the gold prices on Thurday night it went up $7 / oz, so AAR has gold inventory, coupled with a good announcment on its prospects weeks ago it went up. On Friday night Gold went up by $14 / oz, just watch AAR make the all time highs on Monday morning.
Kind reg
Ang

 

[ta2693]

I have loved the fundementals on this a 10 cent stock making money with Gold production. The latest move is due to the price of Gold have alook at the gold prices on Thurday night it went up $7 / oz, so AAR has gold inventory, coupled with a good announcment on its prospects weeks ago it went up. On Friday night Gold went up by $14 / oz, just watch AAR make the all time highs on Monday morning.
Kind reg
Ang

why only aar goes up to all time high? KGL, SMC, LHG etc etc are supposed to go all time high as well, if recent move is only due to the price of gold went up.

 

[Ang]

why only aar goes up to all time high? KGL, SMC, LHG etc etc are supposed to go all time high as well, if recent move is only due to the price of gold went up.

Just a theory, however that was blown out of the water this morning with a low price open. What is going on now !!
Kind regards
Ang

 

[Ang]

What is going on with this today, one minute it was in the high 9's and next minute a chunck got bought at 10 and 10.5 cent mark, then it closed at 9.6 cents. The story on this forum regarding the Uranium find and the lower gold grade could make sense with the market on this stock all over the place. The gold traders getting out and the Uranium players getting in. Any one with any other thoughts??
Kind regards
ang