Commenting on todays rise on a charting basis by Zak Mir
What is helpful about the latest price action is that we are now back above the initial November support at 0.18p, with all that is likely to be required now for the bulls to become confident of a sustained rally being an end of day close above the 50 day moving average which is at 0.22p.
Given the way the RSI is now already above the neutral 50 level to stand at 54.92 aggressive traders would already be going along and targeting a return to the post September resistance above 0.3p. The timeframe on such a move would be the next 2 to 4 weeks.
I have already sold my 15 Million shares at a 10K loss and no longer invested, but was gutted to sell them, but needed the money. I am delighted for you guys that the drop has stopped and the end of the week was much better than the start. This share is going to make many of you very rich just hang in there, hope to join you soon. Have a great weekend Nightingale x
Any rise is welcome, although it would have been nice to finish the week off at 0.20 just to get out of the teens at long last. My only gripe this week is i didn't get as many as i wanted at the 0.17 range due to the fact that my other share is massively down and i didn't want to sell them for peanuts to buy xtr. Lets hope for another good week next week. Gla.
I will take that 5.5%+ today, and bank it with yesterdays rise with thanks. Good to see more volume and good to see a return of the buyers from this beaten down stock. Now we are sat at 0.19's, we have a good platform to now push on to the twenties and above, we are ever closer to important news, and the closer we get the more the PI's will jump in. December starts Tuesday, and that should be a eventful month for shareholders.
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