Member Info for AL75

The technical term: flaccid

On the day of their positive interim results, the price is not moving. Tells me that Falanx has some way to go before it considers 8+

Not really. The gap between the last pivot high and low was almost 6p. Also, the swings in IOF since April 2017 have been significantly up and down 4 times. So taken in context, today's rise is helpful to the next upswing but not significant.

Price fell to almost 50p today before heading back up to 57p, which is new support.

A meaningful series of posts on a bulletin board, with no insults etc. Thank you everyone.

Price also became support on the pullback at old resistance, 14.5. Heading back up last week could reveal another bullish leg up. GLA. 200 EMA is next place to break at 19.

sajhanif, How did you work that out? Depends on how you see it. Take your pick: 172 is the gap filled from Nov last year Using a Fibonacci from the 410 high to the 61 low, it's around 194. 202 is a major pivot from Nov last year Either way there's lots of reasons to be bullish.

Today marks the 4th test of 129 since May earlier this year, but this time it looks like it will be broken and a breakout will be in play. Next few weeks will let us know.

At this point SDY has taken almost a year to do............... almost nothing. However, it recently found support of its 200 EMA (at 50), and this week moved convincingly away to the upside. I'm mildly bullish.

Positive news, but the Market was indifferent. It shows how fundamental news doesn't always ignite the share price. PS: BGO has been ranging since late July, and the market will need strong trading figures before the price goes beyond 277.

Good results signals the next leg up in Volex's uptrend. Next target 88p

Still a thin market, but it's heading to beat 4.26p

I thought the same, until I checked the majority of other companies whose shares swing up and down in very large percentages. That's how the market works, and if you buy at a major pivot high be prepared for a big pullback.

This is my view on TRAK: https://uk.tradingview.com/chart/TRAK/0sfq6FAm-Will-TRAK-break-through-129p/

Thanks. For me the big level is 518 as it's been resistance from Jan 2011. It has tested & rejected it 5 times including today. However, the temptation is to say this time it's different due to good fundamentals and oil looking like it may reverse to an uptrend.

Large trade explains it. �219k at 8p

So, the breakout happened on 9 Oct, and since then the shares have gone down down down to 8p. Who knows why?

Thanks. And good luck to you too.

Today is the first warning, and DFX have revealed 3 reasons why performance is down. 1) recognition of forward revenue is a crime in my accounting book because revenue must be paid to the company before it can be properly recognised. 2) Delays in product updates and portfolio expansion have not been quantified, so an investor can't judge the outcome; Good or bad. So bottom fishers should beware that things could get worse before they get better. Today's candle is revealing. Open at 65 (gapped down from 97) and then a consistent fall throughout the day to 52. As the low was 49p there haven't been enough buyers to push it higher, so the market is not supporting DFX yet as it recently did with Provident Financial.

In April 2017 the market gave a big sign to either sell UTW or go short. It was a big fall from 165 to 131. Since then the only way has been down and UTW was never a buy. Anyone buying from June to now is trying to catch the elusive falling knife. GLA.