On the bulls side, I think price closing above 230, would add hope. But then, if it did get to 250, I for one would short hard, first opp. No point in me discussing my chart here. But last week, was slaughtering to bull money. If close on Friday us below last week's low, certainly not buying time, if not a,shorter
If you take time into account, I think 250 was a pretty serious price test. So for now, possibly 200 as a round number and local double bottom on it, may prove to be next test. Hard to know though. Between 250 and 200 is anybodys guess. Just bearish as of this moment in time. Could change in that range. On the day chart, I do see your 220 point. But on daily, you could argue that bug resistances are visible just above that price too, on a bearish chart
Currently the stock is holding 225, but is it the support level, I don't think so. Honestly I want it to test 220. But at this price, it moving in line with the FTSE and therefore is no major worry. Good investing everybody :)
The disparity between the way small traders are treated compared to large Corps is appalling to be honest.
They tend to use the principle that they will get away with whatever they can as long as it makes money . If they get caught, they will deal with the problem at that time. Invariably, the amount they make in the interim will offset any fines, compensation, etc they have to pay IF and when they get caught. Of course, IF they don;t get caught, they continue to make lots of money. I know it sounds bad BUT this is the way large Corps operate. As an example Latest news on Morrisons Exec being charged with insider dealing ! http://www.bbc.co.uk/news/business-29413797 .
Losses can be carried forward for years if needed, depending on what they relate to. Corporations can hide all kinds of accountancy matters wherever they like in their books. HMRC relies on Corps to oversea their own accounts correctly !
When was the last time you ever heard of a large Corp undergoing a VAT inspection LOL
Is simply a picture, a company wants to sell shareholders. Most figures are not realistic imo. Example, many companies are seeing shareprice fall, with healthy balance sheet. Their reasons to offload will most likely be to make balance sheet better fir shareholders. How they decide to execute that, and manipulate it, beyond me really
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