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bao wow (BAO)     

moscowmule - 03 Aug 2009 11:53

african minerals appears to be upping its stake - possible takeover / offer?

magicjoe - 24 Jan 2013 22:01 - 307 of 477

LESSONS FOR MOST TO LEARN OVER HERE - Chart - fibonacci

The Fibonacci retracements pattern can be useful for swing traders to identify reversals on a stock chart.

Stocks will often pull back or retrace a percentage of the previous move before reversing.
These Fibonacci retracements often occur at three levels: 38.2%, 50%, and 61.8%.

retracements.png

The 38.2% was the case for BAO on the last retracement as I posted on the 15th

the target on those grounds is for 42p but the time frame for that is another thing and first has to pass 36p

magicjoe - 24 Jan 2013 22:13 - 308 of 477

Posted on the 15th

p.php?pid=chartscreenshot&u=G1b0rMn7UWUV

When I said full of strengh above, I was meaning that it did not retrace further down to the other higher % meaning lower share price.

cynic - 25 Jan 2013 07:28 - 309 of 477

MJ - do try not to preach .....
nevertheless, your opening sentence The Fibonacci retracements pattern CAN be useful for swing traders to identify reversals on a stock chart says plenty about charts in general

there are all sorts of charts and interpretations thereof, all of which have their adherents - which is why the more popular a given charting system is, the more likely it is to be self-fulfilling

i certainly find the simpler kind of chart very useful as a guide and tool, and as so often in life, the simpler and more easy to understand the more useful ..... conversely (imo), the more complicated and esoteric the system, the less likely it is to reap results

i am well aware that the above may not be written with the usual clarity and brevity for which i strive, but i think most will understand the point i am trying to make

magicjoe - 25 Jan 2013 09:12 - 310 of 477

And here we come again

using my charts you are getting high % return

Using the "simpleton charts" you are getting 10% return a Year ( PFC )

as it happens I do explain before it happens not like some that it is allways after the share price has move up ( I bough yesterday I bought last week )

btw - I do not preach but teach ( you should know by now otherwise you would not use my systems ) LAM, BAO even in PFC, etc

magicjoe - 25 Jan 2013 09:15 - 311 of 477

Share price does the talking

very strong for the last couple days on expectations of positive news very soon,
on the investment of the last couple years resulting on a higher JORC

Chart.aspx?Provider=Intra&Code=BAO&Size=Chart.aspx?Provider=EODIntra&Code=BAO&Si

cynic - 25 Jan 2013 09:32 - 312 of 477

(unlike you) i do not belittle let alone cast aspersions and personal abuse at those who follow their own path ..... indeed you are probably old enough to remember horace batchelor of keynsham and his pools punditry!

to put it very simply and as i often say, no one every went broke banking a profit ...... thus and as previously posted, i look at your pretty pix and comment which is usually interesting ..... and sometimes i agree and follow, either quickly or a little thereafter, and sometimes i ignore

hindsight is wonderful stuff and guaranteed to be absolutely accurate, but is assuredly no guarantee of what the future holds, whether for better or for worse

almost as an aside, it is somewhat curious that you abused me roundly (yet again) re my post 271, yet suddenly the content of that mysteriously gets mentioned on your latest ..... the more cynical among us may say that the reaction to post 271 was because the information did not come from your mouth which thus bruised your pride and ego

magicjoe - 25 Jan 2013 09:44 - 313 of 477

RE - no one every went broke banking a profit

I heard it all for the race you belong as easy as that

history is all over the place once again on you thoughts

===========

re - hindsight is wonderful stuff


It all comes to the word LIAR

and you belong to this category ...... cos you say it well after it happens ( better when the share price is well up - I cought you with examples several times)

I do say it at the time and give the reason for.

That is it as clear as the water from the RED sea

cynic - 25 Jan 2013 10:11 - 314 of 477

oh dear oh dear oh dear ...... is that a bullet hole i see in your foot?

magicjoe - 25 Jan 2013 10:21 - 315 of 477

BREAKOUT

the expected breakout is on the way and happening

p.php?pid=chartscreenshot&u=2JY9GDQ1D2IO

magicjoe - 25 Jan 2013 10:29 - 316 of 477

re - is that a bullet hole i see in your foot?

I see the bullet hole is on your head and that is why you SHUT UP the bla, bla bla.

magicjoe - 25 Jan 2013 12:03 - 317 of 477

As said before BAO is very volatile and as so has now spike again after the drop reaching a new high lately 27.50p

Usually it happens as WINS Market Maker goes into the bid on an agresive maner ( maybe is cos is the one on the online cheaper buying price ) so on turning the punters moves in at the same time

magicjoe - 25 Jan 2013 13:11 - 318 of 477

and go with the trend ( or breakout )
has now reached a new intrady high 28.25p and that is up 2.875p

chuckles - 25 Jan 2013 13:12 - 319 of 477

Well magicpants, I'm making lots of paper profit here, like you I don't always post entry and exit levels. Come to think of it you NEVER post when you buy or sell, so for all we know youre full of crap. Insult away my foreign little immigrant but be careful you don't go too far.

magicjoe - 25 Jan 2013 13:40 - 320 of 477

chuckles
( pro - loves you ) but does not want to know you there
I wonder why?

Any one being Welsh is a foreigner on my books and on top full of s#it specialy after being with a RAM instead of the EWE ( you have really been at the wrong school in Snowdonia )

As you have noticed I am at my best on share selecting and putting DOGs like you on their place
Timing is the clue, not everyone has the touch of class

cynic - 25 Jan 2013 13:46 - 321 of 477

Timing is the clue (quite so), not everyone has the touch of class (and as abundantly shown, MJ is in a class of his own thank goodness)

cynic - 25 Jan 2013 13:57 - 322 of 477

hmm

Chart.aspx?Provider=EODIntra&Code=BAO&Si

magicjoe - 25 Jan 2013 14:14 - 323 of 477

29.50p + 3.125p

Baobab Resources CEO looks ahead to pre-feasibility and hopes for a strategic partner

it gives an inside of the company prospect

Video with CEo taking http://youtu.be/wtWQjnCn3Y4

magicjoe - 25 Jan 2013 14:26 - 324 of 477

re - cynic - 25 Jan 2013 13:57 - 322 of 323
hmm

Only a STUPID person will be a LIAR and you are like the one who sold Jesus for 30 silver coins

My timming was on the 15th at 22p and 10 days later UP by .....30.11% and counting

I remember you have use it to sell PFC the last time, after my comment of 61.8% retracemnt on the way, and BAO now

You are LYING BARSTEWARD with posting a 2 year old chart.

JUDAS was too good comparing with you

cynic - 25 Jan 2013 14:56 - 325 of 477

silly billy ..... at least learn to read even if you can't learn basic manners ...... that is NOT a 2-year old chart, but a chart showing the share movement over the last 2 years ..... and nor should you be so arrogant and egotistic as to think every post is for your benefit

chuckles - 25 Jan 2013 15:02 - 326 of 477

Woof woof
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