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We'll have our 7p top up, pretty soon. Though as the LSE Woke Fascist's, equivalents specify - Where's the problem with a penny or two. DD & AP will corrupt you, closely followed by Keith Oz. Beware, those who ONLY talk esoterics...
@Curator: All those sells were buys...
Go × 3 then
@sdg1970, I been relying on you to get me a 7p top up, and your buying, unbelievable lol
@curator
WTF are you talking about?
we want investors to buy, not sell,
sounds like de-ramping, from a muppet:(
Nobody, l want to see posting that type
of cr#p, for sure; go play elsewhere:(
ITV - recently bought in a tad more @8.3…
@curator won’t be too many in profit, it’s panic for those not following the company properly IMO
I seriously doubt they are taking profit at this level . They are selling at a loss.
not that it makes a difference to anything.
a lot of profit taking today (sells). surprised but I suppose profit is profit in this market. well done for banking.
Yes I've had a small flutter (3k) at 8.04. Will top up as we fall....
Same here Wyn, topped up this am.
Sorry, buy ay 8.09p...
Able to buy ay 8.9p this morning so as its a tighter buy price I have added a few more today.
It seems improbable now that there will be no Q3 drill, so good news should not be too far away.
It will be interesting to see if the SP moves prior to an official announcement.
Thanks for answers ... interesting gamble to sell now ... with the spread you're betting on more than a 7% decline before the RNS which I think will come in Aug time ... too risky for me but I respect the gamble !
Only because its a quiet day but I have just posted this on WOSG as an example of when chart indicators align:
"well the chart is looking about as good as it can. (does not mean it won't still drop but:)
Tested the 755p low 3 times intra day over the last week or so and each time rallied and mostly closed above it. (The close yesterday at 751p was still within my margin as I always expect a bit tree shaking by MM's on support/resistance levels)
Further, there has been a confirmatory RSI pattern that 751p was the low with upward movement being the most likely outcome.
Just over the last hour more sustained buying looks to be taking place.
Anyway, nothing is full proof but this is looking more likely than not by some margin to carry on going up."
So support level holding after being tested multiple times, confirming RSI, and now into recent highs from the last few days of sideway/falls.
Results are due tomorrow... ..who knew?
,thats the theory DD, but lots of aim stocks are simply high risk whatever timeframe you are working to, retail or professional..
I find TA has helped me time my entry having decided I want to buy it the first place that I was prepared to give some time to.
Having said all that I would never go out to day trade a small stock but if I got lucky and netted a 20% rise then i would take it during the session.
Its just gambling whichever way you cut it.
You are putting down money on an unspecified outcome.
trading using charts is a mechanical process that "should" divorce itself from actual news.
The basis of it is that the SP is not representative of the actual company itself and therefore any fundamental analysis is redundant.
It uses charts as a graphical representation of crowd psychology.
So when you enter a trade, you should have 1 (or 2) targets you expect it to go to and a stop loss price that you would liquidate the trade if hit.
You should have a risk/reward ratio in place before you enter the trade.
(stocks generally are considered too small to trade consistently as they can be too easily manipulated by big trading houses. Indices therefore are "better" as they also have much smaller spreads and allow smaller moves to be profitable.)
But as we are here on the HE1 BB:
HE1 recently had a support at 8.4p but now it is 7.9p.
If you buy today at 8.4p,7.7p would be a reasonable stop. The first target would be 9p with 10.8p as target no.2.
Currently the risk reward between the buy price the stop and the first target makes too high a risk against potential reward. However, various indicators are overlayered onto the SP chart to try and clarify the sense of direction.
The RSI pattern suggests that a reversal is underway and 7.9p is the low. This would give the trader more confidence to take the trade. (Picking reversals is the hardest bit of TA)
Getting in now rather than (allowing for the spread ) at 9.2p if 9p is broken, may start to seem more attractive or less risky.
So a higher risk but a greater potential reward.
In cases like this (seeing a potential) I put in half of what I would normally trade and then if it goes well put the other half in at the 9.2p level.
If I am stopped out on this higher risk trade then I only lose half my "original" stake.
Money management is key in this mechanical process. DYOR etc etc
I thought about selling today…., the shares price is on a steady decline snd why not jump now snd see if I can get in lower in a week or 2s time however it is arisk as this one will go up massively when the rig is confirmed so you don’t want to be out at that point
So a question ... is there anyone out there whose selling shares at this kind of level ... and if so can you explain why you'd do that at this point ... I'm genuinely interested as seems a crazy time at the mo with the rig looking like a near definite now for drilling in Oct/Nov