SOLG solomon gold

Thanks TF,
Bought in few yesterday...
Regards G

Hi Paitech.

Thanks for the heads up here....i did look at this earlier, but didn't have the time to post...i think the momentum is strongly to the upside here. I bought a few here, as i think this will make higher highs now.

solg - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...SYwwrvY6QQHlg0g50%3D

the gap up above the 20 day and 50 day ema lines, and then the rally above the 200 day ema line....is highly suggestive of a bottom, and new up trend here imvho....
So a big move up, consolidated for a few days, then the next leg up....i think maybe another few days here to make a bull flag consolidation before another leg up?

The daily also shows a golden crossover of the 50 and 200 day ema lines....

solg - weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...BxuJzdUWtjqf8z6ZmjQ=

the weekly shows 46.75p is the key level....above that level, this could really motor imvho....lets see...

atb, wdik, dyor,
trendriend

HI Tf, what is your thoughts on this one?

I almost bought at 22p, but then BHP news came and it went to 27p, was thinking it may come down, now almost 34 p.
I would love to buy this as I think it is a cleary in takeover play.. .

Ta
G

Trendfriend wrote: Solg - daily.

uk.advfn.com/p.php?pid=chartscreenshotsh...bhQtARjKWwN88Zq+VEk=

I was looking at this at lunch time today....and its dropped off some way already....
what you cannot see clearly on this longer term chart, is that the 50day ema line has crossed down below the 200 day ema line....also known as the death cross...

That crossover could well be the momentum trigger for a possible panic sell off imvho....with the situation currently being that the 29p key support has broken, the next key level being 21p.....a break below 21p would make a move to test the main trendline at circa 8p to 10p area, a real possibility imvho....

one to watch for a rare buying opp imvho...

atb, wdilk, dyor,
trendriend

Solg - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...6L5zub5nySTK4TlhMBs=

This chart is from Thurs....and today this has edged closer to that 19/20p must hold level....i think that area is being softened up for a breakdown....IF and when it does go....the final drop will happen quickly invho....
So around 8/10p area if 19p gets taken out...

atb, wdik, dyor,
trendfriend

Heading towards that trendline.... 19p.. closer...

Hi Longterm,

yep the ftse is having a p/b.....

You have a good plan to drip on dip....

i think the low on the ftse may be around 7300....6950 worst case....so lets see and good luck with your pension.....

atb, wdik, dyor,
trendfriend