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This is now betting all on red or black. Shareholders deserve black. AC/DC endorse that statement.
Bottmzup.....i but you are a salesman's dream and your number is most likely on every suckers list going. I suppose a little bit of optimism is rather nice in the current climate....but unfortunately very unrealistic..
Sorry Girdz, it was only meant for those that can see a visual picture of the sentiment of the market participants.
Less and less people, who hold now, are prepared to sell at this price, because the risk reward is too favourable in this current short term range due to the potential upside of a `further progress` type RNS.
We know they`re making progress in the tech field, because the technology has rarely been challenged for its structure, design, vision and target.
If predicted revenues are met, or within 75% +, then the `sentimometer` will tip more to the positive side and should create a new higher support level maybe in the low teens.
And for balance.
If targets are not met by quite some distance then it will be taken badly by the market, and I don`t think JD could survive as CEO after repeating last years over optimistic revenue numbers.
Last year was exciting, because there was a lot of information about the building process and the potential involved.
This year they`ve clearly adopted a `keep schtum` approach, which, since they`ve reiterated several times that revenues will be significantly second half weighted, changing the wording from the first time they announce it to.......`very` significantly second half weighted, then they better be close enough to confirm progress or its tin hats for a while.
Not sure what happened with the first link, I can`t seem to post the 2 year one.... Mount Bidstack!
“Price is clearly in more positive mode of late”
I’ll have what Bottomz is smoking.
What’s positive about sp going down everyday.
Absolutely nada.
Good charting, I agree....Nice upside from here
Here`s the chart from the start, a visual depiction of the journey so far. Mount Bidstack!
https://uk.tradingview.com/chart/IpdCORbs/
Notice the purple dotted where price reacted at about 7.5p
Here`s a year on...
https://www.tradingview.com/x/prP30nNj/
Sentiment changes and the new patterns develop.
https://www.tradingview.com/x/d2qH2X5W/
Price is clearly in more positive mode of late, and each bounce has been supported with volume.... sentiment for the risk/reward is improving at these levels, with everything that is known so far.
Potential for an ascending triangle to play out, blue dotted, but in general collecting interest...at these levels..... with everything that is known!
Buying pressure is building, look for the purple dotted line to be broken to the upside, 8p+, and we could be on the first real bounce for a while.
Just a `chart eye` view, my sentiment not included.