Still lagging well behind AUT abobee.
It appears everytime EKA gets some momentum impatient holders come in and pull it back.
Needs some positive news to get it past that 35c mark.
Well undervalued imo.
EKA - Eureka Energy
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Still lagging well behind AUT abobee.
It appears everytime EKA gets some momentum impatient holders come in and pull it back.
Needs some positive news to get it past that 35c mark.
Well undervalued imo.
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Struggling to show patience with this one. Buyers verses sellers look strong and yet the sp doesn't move and very little volume.
Might try a bit of Noika strategy and shift to AUT which is on a low.
Might try a bit of Noika strategy and shift to AUT which is on a low.
Have I got it wrong? I've just gone the other way. AUT to EKA. Must admit that I got in before AUT fell and EKA rose a little. They haven't changed enough to go back yet in my opinion.
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Well Noika lets see.
I'm doing the experiment with 10k. So, dropped 10k of EKA at .32 and grabbed AUT at 2.05. To make it viable, I want 20% growth so it's a race between Aut making 2.46 and EKA going to 38.5.
I have no idea how this will go as both have pros ands cons in this race and AUT may have a few fluctuations along the way with the 2nd tranch of funding happening which may be another opportunity.
As I've mentioned before, I think in the med/long term we may be talking about the one stock anyway.
Back to the turkey. Merry Christmas.:chimney
Assasin.. Looks like Aut is going to win that race. Sitting on $2.42 while Eka 34c atm.
Think you maybe correct in saying that in the long run it being the one stock.
Cant see Eka sitting around at it's current sp without a takeover happening.
Assasin.. Looks like Aut is going to win that race. Sitting on $2.42 while Eka 34c atm.
Think you maybe correct in saying that in the long run it being the one stock.
Cant see Eka sitting around at it's current sp without a takeover happening.
Without a doubt AUT are winning hands down at this stage. However I am still buying EKA. One of these days I'll sell AUT to get the outlay back. EKA is suffering from the "no news syndrone". The treatment will be the next quartley results due soon.
Take a lesson from the weather. It always rains at the end of a dry spell and a drought is usually broken by a flood.
nioka,
how right you are just as a "200ft mountain ash grow's from a small seed" except sometimes that seed grows into black wattle???? Time will tell I have a bet each way at the moment I believe both will profit by how much time will tell, the one thing I strongly believe is they are both as close as can be to sure things now. It is good that everyone's discussing what has the most upside without anyone thinking for a second there could be a downside amazing the difference in a year! Anyway that's my two bob.
how right you are just as a "200ft mountain ash grow's from a small seed" except sometimes that seed grows into black wattle???? Time will tell I have a bet each way at the moment I believe both will profit by how much time will tell, the one thing I strongly believe is they are both as close as can be to sure things now. It is good that everyone's discussing what has the most upside without anyone thinking for a second there could be a downside amazing the difference in a year! Anyway that's my two bob.
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somethings up..
I was looking this morning at there was a fair bit of resistance of about 500,000 shares and 200,000 shares.. (was similar amount on buy side round 32c..) thought they may have been trying to to up below this big order.. but its either pulled or better looks to have been eaten up.. really strong buy side now.. plus good support still round 32c.. I think 36c is abreak out.. lets hope it closes higher.. I have been buying last month with expectations of 42c+ as I think its really lagging behind...
I was looking this morning at there was a fair bit of resistance of about 500,000 shares and 200,000 shares.. (was similar amount on buy side round 32c..) thought they may have been trying to to up below this big order.. but its either pulled or better looks to have been eaten up.. really strong buy side now.. plus good support still round 32c.. I think 36c is abreak out.. lets hope it closes higher.. I have been buying last month with expectations of 42c+ as I think its really lagging behind...
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just turned around again..
fingers crossed runs at the close...
fingers crossed runs at the close...
Sdajii
Sdaji
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I had to get up from my desk for an hour or so. I was pleasantly surprised to come back to this beautiful sight!
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My
Personally I like to buy on a low volume green bar with breakout criteria being satisfied.
Today's chart I have seen too many times and I believe EKA will see a few days of consolidation and drying up of sellers .
I think that my chart explains it in a reasonable fashion of my views and thoughts.
Good luck to all EKA holders.
DYOR
Personally I like to buy on a low volume green bar with breakout criteria being satisfied.
Today's chart I have seen too many times and I believe EKA will see a few days of consolidation and drying up of sellers .
I think that my chart explains it in a reasonable fashion of my views and thoughts.
Good luck to all EKA holders.
DYOR
Sdajii
Sdaji
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You can play technical analysis all you like (and yes, if you do it well in the right way it can make you rich), but if we don't have a run sometime in the not too distant future the fundamentals are going to catch up with us, we're going to be taken over and we'll have profits forced on us.
tech/a
No Ordinary Duck
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My
Personally I like to buy on a low volume green bar with breakout criteria being satisfied.
Today's chart I have seen too many times and I believe EKA will see a few days of consolidation and drying up of sellers .
I think that my chart explains it in a reasonable fashion of my views and thoughts.
Good luck to all EKA holders.
DYOR
View attachment 40759
Interesting analysis.
It's nice to see EKA sitting at yesterday's high, and judging by a long-term chart, the highest it's been for 2.5 years.
I would be happy for this to consolidate, before the next leg up with more production updates and the quarterly report due sometime this month, I believe.
I would be happy for this to consolidate, before the next leg up with more production updates and the quarterly report due sometime this month, I believe.
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It's nice to see EKA sitting at yesterday's high, and judging by a long-term chart, the highest it's been for 2.5 years.
I would be happy for this to consolidate, before the next leg up with more production updates and the quarterly report due sometime this month, I believe.
I would be happy for it to keep going upwards ! IMO 40c should be achieved and new trading range in 40-44c range.. this is just my opinion..
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Been looking at a recent chart and it's formed a nice wedge (even with the small break-out yesterday). I'm expecting it to close pretty flat today (at either 35.5c or 36c) but to break-out higher by the end of the week.
