VMS CHART THREAD

[BEISHA]

Hi All

CHN has been drilling at VMS THOR prospect since 30/3/22, they believe it could be the next Julimar with characteristics very similar.

I would think late may / early June assay results might be due.

VMS also has a iron ore mine on care and maintenance, with iron ore prices on the rise, Riley operation may recommence mid to late 2022.

TA wise, yellow arrow pointing to the start of sub wave 5 up, with a 1.618 fib target of 12c.

Not alot of resistance to get to that level, so good news will be well rewarded.

imo

#TSE#

 

[BEISHA]

Hi All

View attachment 4611
CHN has been drilling at VMS THOR prospect since 30/3/22, they believe it could be the next Julimar with characteristics very similar.

I would think late may / early June assay results might be due.

VMS also has a iron ore mine on care and maintenance, with iron ore prices on the rise, Riley operation may recommence mid to late 2022.

TA wise, yellow arrow pointing to the start of sub wave 5 up, with a 1.618 fib target of 12c.

Not alot of resistance to get to that level, so good news will be well rewarded.

imo

#TSE#

@Cashcity

Could you post this to my VMS brothers at HC chart thread please ?

You should do your DYOR on this stock yourself, could be rewarding if CHN is on the money.

 

[CashKing]

@Cashcity

Could you post this to my VMS brothers at HC chart thread please ?

You should do your DYOR on this stock yourself, could be rewarding if CHN is on the money.

Cheers mate done & I’ll check it out

Sorry mate late reply I’ve been selling olives all day from my 3 trees… Too many olives , plus been drinking a bit

ahh Easter holidays

 

[BEISHA]

Cheers mate done & I’ll check it out

Sorry mate late reply I’ve been selling olives all day from my 3 trees… Too many olives , plus been drinking a bit

ahh Easter holidays

Thanks buddy , thanks for posting that for me, unfortunately it got moderated because you referenced my name, in future , dont mention me, officially, Cashcity is the new BEISHA at HC, if you want to continue sending my posts.

" selling olives from my 3 trees "

Is that code for selling marajuana ?

Do you live in Perth ?

lol

 

[BEISHA]

Hi All

View attachment 4611
CHN has been drilling at VMS THOR prospect since 30/3/22, they believe it could be the next Julimar with characteristics very similar.

I would think late may / early June assay results might be due.

VMS also has a iron ore mine on care and maintenance, with iron ore prices on the rise, Riley operation may recommence mid to late 2022.

TA wise, yellow arrow pointing to the start of sub wave 5 up, with a 1.618 fib target of 12c.

Not alot of resistance to get to that level, so good news will be well rewarded.

imo

#TSE#

VMS is perfectly aligned for sub wave 5 up.

Elliott wave playing out like a plumb, with wave 4 down aligned with height of wave 1 up, and RSI 14 just slightly under 50............bullish.

If THOR is confirmed as the new Julimar, then SP will sail past that 1.618 fib target of 12c.

imo

DYOR

 

[BEISHA]

Hi All (@lellep )

Unfortunately the bearish MACRO broke down EW, with sub wave 4 down diving into wave 1 up territory, this does happen from time to time, looks to be sitting in a nice support zone now, bouncing off 4c.

THOR news cant be far away, its pretty simple, positive news and SP will sky rocket, ordinary / negative news, SP will take a bit of a dive.

imo

DYOR

 

[BEISHA]

Hi All

Not much has changed this week for VMS, despite further MACRO weakness, as said before, SP sitting on STRONG SUPPORT, lots of folks waiting for the THOR results, including me.

RSI 14 basing in OVER SOLD conditions at 30,

Positive news would be very WELCOME !!

BRING IT !!

imo

 

[BEISHA]

Hi All

A combination of bearish MACRO and a lack of news from THOR, has unfortunately broken the chart down, I am hoping that green support holds from here, as i said before, NEWS would be very welcome, if its positive and THOR is another CHN, then i expect that resistance zone in red to be blown away.

Surely news cant be far away now.

imo