Vast Resources for 29/10/2019

#GOLD #SP500 Our report yesterday against #EurasiaMining provoked a "bloody ‘ell" moment in the office. We didn’t expect an 67+% rise the next day. Importantly, the price has NOT yet reached our 1.94, the best achieved being 1.92 and thus, the initial target has not been exceeded (yet). If it goes nuts again, we shall revisit the share. As for VAST, are we expecting similar behaviour?

 

Presently at 0.3p, the share needs trade above 0.39 to give sufficient ammunition to a calculation which projects a useless movement to 0.46p. All kidding aside, the really important stuff starts to happen if 0.46 bettered as our secondary computes at 0.59p. Visually, this projects the share into "game changing" territory as realistically 0.93p looks capable of presenting a longer term (or the next day!) attraction.

 

It’s certainly a complicated share but worth remembering you are playing with fire. The chart suggests since September, something has been happening to shatter the calm of 2019’s lack of price movement, so perhaps it’s worth keeping an eye open in the week ahead.

The price would require slippage below 0.2p to justify hysterics as we cannot calculate any sort of bottom number. Will it ever recover to its historical highs of 30p? We suspect only, if it lives up to its name and discovers some Vast Resources… Maybe worth seeing what the chatrooms are saying on the internet.

 

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

10:05:36PM

BRENT

61.28

               

‘cess

10:08:58PM

GOLD

1492.79

1489

1486.5

1476

1500

1497

1503.625

1508.25

1491

Success

10:17:31PM

FTSE

7337.82

               

10:25:04PM

FRANCE

5735.2

               

Success

10:26:45PM

GERMANY

12962

               

Success

10:29:19PM

US500

3038.92

3025

3020

3012

3035

3044

3059

3066

3024

Success

10:30:46PM

DOW

27092.3

               

Success

10:33:10PM

NASDAQ

8100.25

               

Success

10:40:34PM

JAPAN

22960

               

Success

 

28/10/2019 FTSE Closed at 7331 points. Change of 0.1%. Total value traded through LSE was: £ 4,697,887,789 a change of 4.65%

25/10/2019 FTSE Closed at 7324 points. Change of -0.05%. Total value traded through LSE was: £ 4,489,255,680 a change of -20.08%

24/10/2019 FTSE Closed at 7328 points. Change of 0.94%. Total value traded through LSE was: £ 5,617,068,603 a change of -3.47%

23/10/2019 FTSE Closed at 7260 points. Change of 0.67%. Total value traded through LSE was: £ 5,818,863,244 a change of 3.71%

22/10/2019 FTSE Closed at 7212 points. Change of 0.68%. Total value traded through LSE was: £ 5,610,839,707 a change of -3.73%

21/10/2019 FTSE Closed at 7163 points. Change of 0.18%. Total value traded through LSE was: £ 5,828,185,910 a change of -4.14%

18/10/2019 FTSE Closed at 7150 points. Change of -0.45%. Total value traded through LSE was: £ 6,079,930,950 a change of -11.12%

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