HLX - Helix Resources

[YOUNG_TRADER]

Sorry YT, too much tequila still to be drunken.... :bier: LOL

And, great work DJ. Looks like I can I hang up my charting boots now...

Hey its K man!

How ya been, drinking well I see


DJ recieved, will put it to good use

SCSL Davids email please

Time for the mkt to realise HLX's potential

 

[j4mesa]

Forgive me for my stupid question:

If HLX is trading below 20c, why would people bother to buy their oppies for 20c?
Would not it be more expensive, say by the time it expired 31 March 2007 and the price is still below 20c?

 

[dj_420]

14 cent strike price j4mesa.

 

[j4mesa]

icic......

Thank u for ur info dj.....I have very limited knowledge about oppies.
How do you get the info of strike price ?

 

[dj_420]

its on the qtrly where they list the number of shares on issue and options, will have the strike price of options on there.

so strike = 14 cents plus premium paid 4 cents means that the sp has to get above 18 cents to be in the money.

 

[Trend Trader]

Hello holders,
Just found this site, and I look forward to seeing HLX move higher over the next week or two. Bought in on Monday after watching the consolidation happening around 17c.

Good work on your charts dj_420

I am also seeing an ascending triangle develop after Wednesday's drop off. Not able to post my charts as they are slightly too big, I will see if I can change the format a little.

Good Luck holders

 

[Trend Trader]

My post from another site.

Director buying 100,000 at 17.5c, definately a good sign.
I thought I would place in a chart, as it is showing some very positive signs for movement.

The drop down on Wednesday has now helped in forming more of a triangle pattern, giving the uptrend 3 touches, plus the start point, while the 18c resistance has failed 5 times to break or close above. That day also saw HLX bounce off a previous downtrend which helps confirm the previous breakout at 14.5c.
A possible drop to 15c may occur, green trend, but HLX appears to be maintaining a level of momentum above this line.

Yesterday saw the price close back above the 5 day ema showing signs of a possible move. The stochastic, & MACD are begining to turn, again adding strength to the current price.

Price action may not see it break today, alot of resistance at 18/20c and Friday's aren't always a good day for strong movement. But it is getting close to "zero point" where a breakout will happen, up or down.

Today's action, is again showing signs of consolidating with buyers stepping up to purchase.

Good Luck all

 

[Accaeric]

LIFT OFF

 

[constable]

looks like the public awareness programs working 18c got taken out!!

 

[mick2006]

looks like we could be on the move 18c taken out, hopefully it may run a little into the close. We must be due for an announcement soon with meetings with both MEP and AQA this week, surely good news is not far away!!

 

[ALFguy]

Was nice to see, but is anyone considering that 400k bid at 17.5 may be pumping it?

I'd be watching that before jumping in

 

[Trend Trader]

Looking like HLX is moving into the resistance zone. If it can close above 18c then I would be expecting a complete breakout into the 20's some time next week......

Or today if it wants to.

 

[Trend Trader]

I agree ALFguy to watch the bidder, as he came in shortly before 18c was taken out. But about 400k was taken at 18c anyway so I would be cautious on bidding up to high, and try and take out sellers below 19c.

19c clears and it may be a goer.

 

[mick2006]

300k bid at 18.5c, it might be a matter of time before it hits 19c and heads on to 20c. Look at TRF today announces a 44 million tonnes iron ore reserve and goes beserk. HLX is potentially sitting on 80-90 million tonnes, imagine what would happen when the JORC resource is released.

 

[Accaeric]

option price is lagging 1 cent, there is abnormal profit

 

[mick2006]

19c gone, building for a run at 20c wouldn't rule it out before the end of today, I would be thinking an announcement will come early next week.

 

[Trend Trader]

Touched 20c, big move today, presents a good setup now for next week. Hoping for a close above 19c.

 

[Accaeric]

30c, 40c, not 2 far away

 

[dj_420]

well those are the critical levels!

20 cents, 30 then 40.

once we break 20 cents that is great as it is the medium term resistance, above here would provide a great break and run.

 

[scsl]

Alot of options got bought this morning, looks like someone wants them opies!


SCSL I tried to email David @ Bulletin twice and both times my email didn't go through,

If you want to get me his email address I'd love to forward him my analysis, on HLX

Cheers

bulletin@acpmagazines.com.au

I spoke to the guy that will forward your email straight to David. I got told that David doesn't do direct calls or even direct emails - hence his direct email not being quoted on his column.

Thanks for taking it on YT!