Australian (ASX) Stock Market Forum

VAU - Vault Minerals

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mrlister said:
support is definitely building in the low to mid 80's. and not a lot for sale under the mid 90's
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Means nothing
If a seller wants to sell or a buyer wants to buy they will do it AT MARKET as we saw with the dumping of 500000 a day or so ago!!

HINT

Firstly watch the daily high and low.
Watch what price does as it tests the daily high at $1.91
Is the effort as it tests that level winning or being supressed
Same as it heads toward the low. Is it being supported or are sellers making an effort to get out!

This is the FIRST place to look for a pulling up OR a continuation.

One day at a time.
 
beatle said:
In fact I'm happy to take a bet with him that it won't even move below 10% from that placement price within 5 days of the TH being announced (eg if the placement price is say $2.12 then that it won't hit below $1.91 within 5 trading days after the TH).
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Hope you didn't go all in on this bet beatle?
 
Average action was at the lower end of today's price range - bargain again today ;)
 

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tech/a said:
Means nothing
If a seller wants to sell or a buyer wants to buy they will do it AT MARKET

HINT

Firstly watch the daily high and low.
.
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Valuable as usual!!
Something that should be posted on your wall above your screen if it's not part of your habitual tool kit!!
 
Interesting, interesting. I see another potential buying opportunity coming up. I don't actually know much about TA or FA, but since I have been watching RED I have seen it go up from 1.20 (12cents), and up to 2.30-2.40 a few times, and usually back down to 1.70-1.80 (or below, like last time). I missed most of these opportunities, but managed to sell at 2.30 after purchasing at an average of 1.71.

I'm looking to get in and do pretty much the same again. Wish I had some kind of idea how far down it is likely to go though. Are we expecting gold price to continue to fall?
 
ChrisJH said:
Interesting, interesting. I see another potential buying opportunity coming up. I don't actually know much about TA or FA, but since I have been watching RED I have seen it go up from 1.20 (12cents), and up to 2.30-2.40 a few times, and usually back down to 1.70-1.80 (or below, like last time). I missed most of these opportunities, but managed to sell at 2.30 after purchasing at an average of 1.71.

I'm looking to get in and do pretty much the same again. Wish I had some kind of idea how far down it is likely to go though. Are we expecting gold price to continue to fall?
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Mate, Google bigcharts.

Go in to bigcharts.com

Enter au:red

Right click on the chart and copy the url.

Then post it on this thread,

And comment on it. Luck rarely strikes twice unless you are a chartist.

We could learn from you.

gg
 
Gold is up by over a percent ATM, which is unheard of in recent times. This will def effect the big miners, but RED's name is mud now due to CR. so due to absolutely no confidence, I still see no rise in here till at least month end
 
mrlister said:
Gold is up by over a percent ATM, which is unheard of in recent times. This will def effect the big miners, but RED's name is mud now due to CR. so due to absolutely no confidence, I still see no rise in here till at least month end
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I would expect some positive price action.
But again look at what's happening with effort as price makes its way to key areas on the chart I've marked up.
I have included a little anticipation so we can see how it goes moving forward.

CLICK TO EXPAND

RED 14.jpg
 
Tech As gold prices has a bearing on REDs sp and you've been around the money with your charting how do you see Golds chart heading from the Tech point of view?
Then that becomes a fundamental for RED.:D
 
Beatles been a bit quite since the sp plunge, i'd say he's in some bar in the philippenes after his misses hunted him out the door for buying more red.......
 
Strong bidding - but weak volume (or should I say returning to average prior to the capital raising?). Rather tempting to buy in, let's see what happens tomorrow. Gold stocks have been doing fairly well today since gold has rebounded from recent lows - but at the same time it is near recent heights so...
 
Starcraftmazter said:
Strong bidding - but weak volume (or should I say returning to average prior to the capital raising?). Rather tempting to buy in, let's see what happens tomorrow. Gold stocks have been doing fairly well today since gold has rebounded from recent lows - but at the same time it is near recent heights so...
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NCM surprisingly not moving with the gold price rebound.
 
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