Well I can't explain my big picture MO every time I post mate but for the defo *final* time:
Weekly closes around 40p - intraweek lows mid/high 30s - intraweek highs mid/low 40s - eventual take off towards 60p after 4-6 weeks of doing this churn - so far it's done 44 and 38 so it's playing out so far ...
Hence, I'm in at 40p and waiting for the proper rise and will balloon my holding at low/mid 30s if seen.
20p? Yes, defo chartable with that horror weekly drop 56-40p but I'm more inclined to extrapolate those drops at the top of a chart rather than the bottom - more likely MO here, imo, is a breakout of the long term descending wedge, that we're hitting the bottom of for the third time, at around mid/high 50s to target c80p+
The last 3 placings were done at £ 3.27 then £ 1.03 and 0.45p. They did not take anyin the last one. I know they have twisted the sp everywhere over the last 24 months,if they are dumping at this price and thats IF surely its at a loss.
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.