Mobico Group Share Price (MCG)

Jg what’s Simon (secretary) hoping for then an invite to the administration party? ha. What’s clear is it’s beat a lot of you down now and I get it but you need to try keep emotions out of it that’s how you make mistakes.

Shorts- are betting on this accelerating down and it can’t even hold Octobers low at the min (bearish. ) but you have bullish divergence on multiple timeframes so imo it’s trying to trap some long or shorts (one of thems about to be horribly wrong) you have 3 key levels close by so if you access to a chart you need to put these levels on because if is about to accelerate down one of these will likely become resistance they are

The October low

The open from Monday

And the Covid low

There’s not really any support below 50ps a good area but only physiological at best traders/investors like key numbers 888,Halfords for example but there’s no reason it can’t end up in the 30s Rr, thg, boohoo for another example

If it accelerates down keep an eye out for the sp getting exhausted making smaller moves,sideways trading then one last attempt to go down but bouncing back, it will bounce back like it’s on steroids

Fomc next week markets where expecting 1475 points of rate cuts from central banks but now it’s only 475 according to Bloomberg so some of that might eventually get priced into the markets

You may well be right Smokey. I was in on both Boo & THG when they were originally dragged down to 30p so who knows. Hoch was also dragged to 50p but that's tripled back up!

Well I've got extra pampers in!!

Will be sitting on toilet a lot longer yet

Hope not as running out of the toilet paper i hoarded during lock down.

Paddy

Unfortunately i have very few brought at a low price

Any way GL to All

Back over £1 in few months!