GBE - Globe Metals & Mining

[yogi-in-oz]

Hi folks,

GBE ..... as with many new uranium hopefuls,
there's not much technical data to work on .....

..... but, using some simple Gann astrotools, we
can use the current data to anticipate, just where
traders may ambush the falling price, ready for
the next leg up .....

See attached GBE chart and analysis, below.

happy days

yogi

 

[powerkoala]

Re: GBE - Globe Uranium

What the heck ?
Trading halt all sudden....
Is this good sign or getting worse ?
Pray for GBE holder....

 

[ALFguy]

Re: GBE - Globe Uranium

All smiles for GBE holders pitty I bailed early.

 

[powerkoala]

Re: GBE - Globe Uranium

Cant smile yet as seller really crazy. They all want to bail out asap.
Buyer seems scared to move.

 

[ALFguy]

Re: GBE - Globe Uranium

Profit taking and a little caution.
The announcements are a step forward.

 

[powerkoala]

Re: GBE - Globe Uranium

guess the seller wins
back to square one
wait again -doh-

 

[powerkoala]

Re: GBE - Globe Uranium

a long hibernate stock
has announcement today for finding uranium...
will this change anything or just stay asleep for another year ?

 

[YOUNG_TRADER]

Re: GBE - Globe Uranium

a long hibernate stock
has announcement today for finding uranium...
will this change anything or just stay asleep for another year ?

0.02-0.03% samples = Yuck,

Lets hope grade improves a little deeper

IMHO better U plays out there

 

[YOUNG_TRADER]

Re: GBE - Globe Uranium

0.02-0.03% samples = Yuck,

Lets hope grade improves a little deeper

IMHO better U plays out there

Well that was then, when alot of U players were undervalued, since then most have doubled while GBE has fallen, so now it appears tables have turned and GBE is the last U stock left in the stables that hasn't run, every other DECENT U stock I can think of has run, so its only a matter of time IMO before this baby gets up and starts running,

I reckon the catalyst will be ann shortly regarding their exploration program in Malawi near PDN's Kayelerke Deposit and hopefully some better surface samples in Argentine say 0.04 - 0.06% would be nice

DYOR!

 

[YOUNG_TRADER]

Re: GBE - Globe Uranium

And as the whole U Mkt goes nuts, GBE appears to be the forgotten stock,

the 2 I mentioned at the start of the day, WME and OMC are up 28% and 20% right now

Surely GBE will have its day tomorrow?

 

[YOUNG_TRADER]

Re: GBE - Globe Uranium

The last U rocket ship waiting to take off

 

[Sean K]

Re: GBE - Globe Uranium

Not much volume mate. Perhaps when people shift out of DYL etc, they'll look at it?

 

[YOUNG_TRADER]

Re: GBE - Globe Uranium

Don't think anyone cares about Globe Uranium,

Can't believe dogs like ENR run and GBE is left sitting at 6 month lows,

Sean can you post up a chart when you get a sec, I see support at 44c with resistance at 66c,


Call me crazy but I also see a falling resistance line which began on 29th March at about 83-84c and has been falling, so it almost looks like a Massive Descending Triangle with base at 44c, I see the end/tip of the triangle in about 1-2weeks time,

Your thoughts Sean?

 

[Sean K]

Re: GBE - Globe Uranium

Sam, I agree, decending triangle that'll culminate in a couple of weeks if it follows it's current path. One year weekly chart is pretty clear. The daily is really choppy due to the low volume.

There's very good support around $0.43-45. Probably won't drop below this unless the general U market colapses.

I reckon a break through $0.52 will have it out of the sidways/downward move, with a break above $0.60 to be very bullish.

What's the story with the volume? The gey man of the ASX!

 

[YOUNG_TRADER]

Re: GBE - Globe Uranium

Up 17%

Looks like those results are about to come out re Malawi, I knew it had to have its day, every other U stock had its day so it was only fair

 

[Sean K]

Re: GBE - Globe Uranium

And unusual volume. Although still low by comparision with others....Perhaps this is the beginning?

 

[YOUNG_TRADER]

Re: GBE - Globe Uranium

Funny thing is my CURRENT weekly chart shows a breakout of the descending triangle, a close today around 48-50c ie close for the week will show that,

Interesting,

I reckon its insiders who like with WME have been given the scoop on Malawi exploration results

 

[nizar]

Re: GBE - Globe Uranium

Up 17%

Looks like those results are about to come out re Malawi, I knew it had to have its day, every other U stock had its day so it was only fair

wow, great call YT.
beware the spread (rather large) and the volume though.
hasnt got me convinced .
AIM has though!! Running!

 

[neildoco]

Re: GBE - Globe Uranium

Trading Halt for GBE

 

[YOUNG_TRADER]

Re: GBE - Globe Uranium

Well off to my exam,

Would love to come out to find GBE has released Malawi exploration results and rocketed up to 65c = 20c opies should trade around 45c

Wish me luck,

for GBE, not the silly exam :

CIAO