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SMY

Chart Forum » Stocks - ASX: long term & fundamental » SMY

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roach
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Username: roach

Post Number: 74
Registered: 11-2004

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Wednesday, April 05, 2006 - 06:58 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



SMY looking good for a 'channel' style of trade or long term 'trend' trade. GMMA looks good, RSI around the 70 mark and follows a straight edge trend line well. Getting closer to achieving producer status maybe.


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roach
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Post Number: 121
Registered: 11-2004

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Sunday, June 24, 2007 - 09:08 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Came back for review after recent article in AFR re div payments. Its up 10% for the week. Chart shows potential H&S forming. Other indicators - MACD and RSI is turning up. Suggest waiting until the price closes above 4.50 (the +ve side of the Long Term GMMA group)before taking an entry.

Not holding.SMY Chart


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hilarius
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Username: hilarius

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Registered: 04-2004

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Sunday, June 24, 2007 - 10:09 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Interesting

Holding


I come in peace to share my thoughts and to shine my candle light on possible long term opportunities

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stickman
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Username: stickman

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Sunday, June 24, 2007 - 10:31 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



HI

another view ? check out the tmf divergence ?
first short set up was friday 1st june .looking for a
second short set up with a reject at 4.39 ?


cheers











Trade to Learn, Not to Earn.


when you lose,don't lose the lesson.

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rederob
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Username: rederob

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Sunday, June 24, 2007 - 12:23 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Weak nickel price will not help SMY in the near term.
However, SMY has moved to close out its hedge book and sell nickel to spot, which will give it better leverage to present high nickel prices.
Long term it has excellent potential: Very small shareholder base for a producer in the mid-tier.
Short term I would be very watchful.

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