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1984
Thanks for that
Atb
So, subsequent price action, someone took their foot off the accelerator, slammed on the brake, but couldn't resist and drove the price back down.
Now back below the 9.29 one bar reversal number which will call the One Bar Reversal, a technically strong, but very extreme, event.
It will attract attention and is being monitored.
The hubris of the people doing this is funny.
It's almost as if someone has been channeling Kipling
' Then the Gods of the Market tumbled, and their smooth-tongued wizards withdrew,
And the hearts of the meanest were humbled and began to believe it was true
That All is not Gold that Glitters, and Two and Two make Fourโ
And the Gods of the Copybook Headings limped up to explain it once more.
As it will be in the future, it was at the birth of Manโ
There are only four things certain since Social Progress began:โ
That the Dog returns to his Vomit and the Sow returns to her Mire,
And the burnt Fool's bandaged finger goes wabbling back to the Fire; '
And the fourth thing is that the ' Gods of the Copybook Headings ' are watching you.
As long as the TCLs arenโt playing up again or other Ecuadorean BS, this will Correct itself.
HfH, precisely. A lot of speculative buyers have appeared recently and frankly if they've made 60% who can blame them for pocketing their profits?
TI, the sad thing is that these characters are motivated by sheer spite and enjoyment at other people's discomfort. Their comments say far more about what sort of people they are than the targets of their bile. The great pity is they live among us - although The Moron doesn't. He's in the Outback somewhere, 400 miles from civilization and who communicates by shouting into a tin can attached to a piece of string which is illegally linked to someone's wifi in Perth.
I would think the sell off is largely due to the individuals who loaded up last Thursday realising the individual who promised news today was lying. I think news is coming but in my opinion nothing has changed from my previous comment:
RE: 10.36128 Mar 2024 16:33
Good luck mate. I'm all in as well but contrary to what others post don't expect an RNS tonight. Think it'll take them a little while to sort.
Sorry HfH, I didn't see that post which referenced.
Hopefully, it's a slight retrace and that we will see a next leg up this week.
Rinsed.
;)
Go to bed needy you knob
Theoretically, if any technical movement is at play here, after a clear retracement we might enjoy a wave up to 12.80/14.1, depending. We shall certainly see soon enough if that is the case.
GLA
Just over an hour to go, all will be cool ๐
I think needy deffo needs to go to bed, as they are very ratty today ๐๐๐
Eloro you'd know the reason you haven't heard fron me if you had read mu last post that stated "I am going to refrain from posting until there's tangible news' as for the other person you referenced I refer you to a previous post:
RE: CE30 Mar 2024 09:18
Eloro have to say I'm more than a little suspicious of this Champion fellow as well. Treat with extreme caution in my opinion..
I concur with Add. If we look at the Fib extension from 4th march to today, we seem to be in for either a 14% or a 39% retracement, which is of course less desirable than a 14% or 39% raise, but it's in the predictable range of things after such a quick raise. I would wait until the end of the week to express a view one way or the other.
We've had a 60% increase (or something like that) over the past month and we now have a 14% re-trace and they're back telling everyone how brilliant they are and how they knew it would 'collapse'. Total tools.
It's absolutely hilarious and not remotely edifying. Have they missed everything that's been said by the company so far this year? Or perhaps they can't read.
Fighting back now...go on my son
A lot of folk will be fleeced if they have stop losses on.
As the tide goes out, it will come back in again.
Yep. Whoever is playing right now is in the coal face. No one would risk being short / out without knowing when the next news is about to drop.
It's time for bed. Not sure I will nod of.
I keep seeing bbg in a dark room sobbing.
Well that's me done with the board.
I think even blind freddy now knows who to not listen to.
Scott The Rocks Caldwell is a ๐คก and one should not underestimate his ability to muck things up.
Its inevitable
See the 4x 229,592 between 10.36p - 10.46p
They are sitting there as a dootstop so that the MM's can mop up whatever shares they can get right now.
Those fake sells will be removed once the MM's have loaded up and then they will let the SP run again.
There's no way the company pushes out a sponsored video with our CEO where he claims that financing is imminent and non-dilutive, only to get a placing away a week or so later. His credibility would be shot to bits.
Honestly all donโt panic it will definitely close above 11p just be patient ๐
Let's hope that you are right BBG. Perhaps MM should raise the SP to flush out profit takers rather than tripping stop loss. We are so far down I can't imagine anyone selling except for traders who bought at 5p+.