Zinc Mcx Short at 154.5 with SL 157.3We are doing Analysis of ZINC MCX on 1 Hour Timeframe.
The projected target from the breakout is usually the vertical distance from the high to the bottom .
Note: This is only for Educational Purpose this is not an Investment advice.
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Ankur Verma
Twitter : Ankurverma3838
LEAD
Intraday strategy for leadIf price opens around 130 levels it should respect 14th May Trend and one can long around 130.2 for target 131.3...sl 129.5...if price already reached 132 in mrng it's a good zone to sell as it completes last night's uptrend and good to short at 132...ultimate target 128.4...if price starts at 131.2 wait to see if price it is a good to short zone as well...
Entries would be from
Long 130.2 tgt 131.2
Short 132 tgt 130.2 , 128.4
Short 131.2 tgt 130.2 , 128.4
Short 129.4 tgt 128.4
AMERICAS SILVER CORPORATION - NYSE: $USAS Requires Your EyesEarlier this month, shares of AMERICAS SILVER CORPORATION - NYSE:USAS recaptured its 200 DMA and has subsequently put in a nice rush into higher ground on the heels of the recent move in Gold to multi-year highs as we can observe in the Daily chart above.
In addition, USAS now finds itself trading above all of its important moving averages 20/50/200 DMA's, which depicts a healthy technical posture.
While the stock may be in need of some consolidation at present after its recent surge, we're monitoring the action closely as we believe that any signs of weakness or pullback from present levels may provide opportunity.
Thus, both investors/traders may want to keep a close eye on the action moving forward as we suspect that USAS has eyes for the $2.60-$2.70 zone and when and if achieved, we may just witness a run into the $3-$4 zone in the not too distant future.
3.35p / 3.53p target slice - 2.30p - 2.50p possible entry LONGWe might not have much of a retrace but I tend to go for the best entry possible, target looks conservative but always best to play it safe & slice never hurts.
Miton Group have been loading up on shares recently.
2.30p ideal entry if not below it at 2.05p so expose wisely.
Positives:
Great asset - Sable Zinc Kabwe Project - The Project targets to produce annually over 8 000 tonnes of zinc, 1 500 tonnes of vanadium and 15 000 tonnes of lead as it ramps up to full capacity over a 2-year period.
Cashed up as placing was done at 2.25p just a week or so ago
Negatives:
Be aware that there is a secured convertible loan note of GBP6.11 million attached to the project
Colin Bird is within the BoD
CLN's:
At any time that the loan is outstanding, ACAM may at its absolute discretion, by conversion notice, elect to convert the loan and all accrued but unpaid interest into 5 per cent unsecured convertible loan notes with a conversion price of 2.81 pence (ZAR 53.98 cents) ("Subscription Price") and a maturity date which falls on the third anniversary of the Closing Date.
During the loan period, Jubilee may notify ACAM of its intention to prepay the whole of the loan balance by prepayment notice. On the date of any prepayment Jubilee will issue warrants to ACAM to a value equal to 50 per cent of the amount of the loan and all accrued but unpaid interest thereon divided by the Subscription Price.
ETH LEAD to CROSSOVER LAGMy first post of hopefully more to come!
Please note, I have no formal TA training and the lines are just a rough guide to get my main SMA crossover point across. Please also forgive me for my vague phrasing.
A friend and I have been researching and testing a few different neural network models, LSTM and reinforcement. We are now getting deeper into the LSTM model to predict near term price changes, later incorporating market sentiment (positivity) that we will hopefully use to construct a portfolio of non correlated instruments that will be automatically readjusted frequently to push fund allocation towards positive predictions and away from negative ones.
Now to this chart, while we were looking at different models and backtesting strategies we came across a simple program where you can search for the optimal (most successful) lead/lag SMA periods for crossover trading. While this doesn't mean that the crossover periods will continue to perform as well or at all compared to the backtest, it has worked the best so far.
I'm going to be making a small entry if the lead crosses above the lag by 2.5%, with selling to be done when it falls below it by 2.5%
Let's see what happens!
Green light to go long on copper?Copper has had a rough time over the past five or so years and is still at a pretty low price when compared to other base metals.
Lead, zinc, tin and aluminium have more or less been rallying since mid-2015, so just copper and nickel that have fallen behind.
Time for a quick burst of action upwards here- I have gone long with a small stake and fairly tight stop. First target shown at which point I will re-assess the trade.