AXG - Antipodes Gold [formerly GEL - Glass Earth]

[elZorro]

200K through @ .08 in the first 1/2 hour this morning.

It looks as though the tide may be turning for GEL. I'll be watching this one closely, but for now I'm quite happy to be on board this train.

Hi Yankiwi, what is the software that generates the analysis on that graph? Assume it helps you pick whether the share is being bought or sold.

BTW, I did some in-depth research myself this morning: for each of the last few press releases that GEL has made, all came out on a Wednesday or a Thursday, apart from one on a Friday

[dartMonkey]

Hola el Zorro
this is what Yankiwi is using
http://www.directbroking.co.nz/direc...uperchart.aspx

[elZorro]

Hi elZorro,

The charts are web based and free for everyone (I believe) Here

I'm looking forward to an announcement! With the recent increaded activity in the last couple of months, I suspect they have something to say which you and I just may want to hear.

Hi there Yankiwi and Hola to DM,

An ideal press release would include a JPG of some extracted gold being poured (or will it be flakes?) .
At the end of the day it's not the absolute amount recovered, but more the fact that GEL will have an income stream, they're doing the business.

Thanks for the chart info :o. I had tried supercharts but not the special features down below. The MACD option seems to be the go. I copied this explanation from a bank site.

Simple Moving Average (5, 10, 30, 90, 120, 180 day moving average): This shows the average share price re-calculated at each day for the number of days indicated.

Bollinger Bands: Plots a line usually set to one standard deviation either side of the average (you can set this figure yourself if you prefer). Plotting share price movements against the bands will help you visually identify the degree of volatility for the share you are analysing. When you see a share trading outside the Bollinger Bands you know that volatility is high.

Stochastic Oscillators Fast: Measurements of how close a shares closing price over a given time period is to its high or low prices for the same period. Chartists view these as leading indicators of possible future changes in share price. Very broadly speaking, closing prices that are consistently near the top of the share’s price range indicate buying pressure, while closing prices that are consistently near the bottom of the share’s price range indicate selling pressure.

Relative Strength Indicator (RSI): Compares an average of the closing prices where the share was up on the previous day with the average of the closing prices where a share was down on the previous day to develop a relative strength index.

The volatility of the index will increase the shorter the period used for calculation. The default number of periods for the RSI used by the National Bank Share and Bond Trading system for the measurement is: 10.

Moving Average Convergence Divergence (MACD): A trend-following momentum indicator that shows the relationship between two moving averages of prices.

The default periods for the MACD used by the National Bank Share and Bond Trading system are: 26, 12 and 9.