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%