Member Info for AL75

For some reason, appointment of a new joint broker is share price negative, and we go back to the 7s.

And that completes the handle. Today's RNS will be strong enough to take PHC above its recent high in late March. In theory it should be heading for 45-50p now. GLA.

The cup formed between Sept and March, and today the handle is completing. The next few days, or couple of weeks, will see if this is a bullish reversal, but it has to convincingly break 30p for confirmation. GLA

Looking at the chart, today's news will give it the impetus it needs to break above the recent 125p high.

My opinion: Today's news isn't ideal and the reduction in profit is a warning. Most growing IT businesses can step into a growing digital market, but can they do it profitably? So today the market has punished Kainos, and for now the price has further to fall, probably to about 210p. PS: I noticed the fall on May 26th, from 250 to 240, and some must have known the results weren't going to be positive.

Brokers' recommendations are like economists' projections. They have complex models and produce their valuations and predictions. However, both forget about market behaviours, psychology etc. Because they ignore that side, they often trail in the wake of what's really happening.

Even a 430p target is well underdone as SOPHS cruises past 450p. Could peter out soon with a pullback before resuming the trend.

I'm running the slide rule over Croma. Does anyone have any good points why its a buy at this price?

GATC has been testing its 200 MA over the past few days. So it may pause here before the next leg up (or down).

78p met and now 83p. A positive move in Michelmersh's share price recovery. However, today's spread is a very sickly 6.41%. Market makers need to narrow that gap before the market starts to get going again.

A good bullish hammer is forming today which should send the price higher after it reached it's all time high of 57 a few days ago.

Director & his spouse buy PHC shares. Shows some confidence.

Thanks for the good advice. FLX is also on my radar and the chart is looking bullish. The newsflow is positive, but they need to back that up with real performance to help their share price.

Today, UBS raised target price to 140p from 90p. Too late.

Today's drop saw fresh selling pressure to a share which could have resumed its upward movement by now. Based on today's fall, there may be more to come or it could respect 26p as support. Wait and see.

Most of us are thinking, "What's happened?" as the results weren't so bad to push the price back down so far. But the price change is telling us something we don't know.

Someone's interested in BILB? Big rise today, and no RNS. Who knows what and why?

Momentum is building for the next leg up. It's testing 30p resistance again and could break through. Wait and see.

This will have hunted stops down to the low at 440p and Spotlight will have benefited if they went short and closed out their positions in minutes. Nice if you can publish "research" to move the market in your favour, but unverified "research" is fraudulent and should be treated as a crime.

SOPHS' web faux pas became a PR blunder, but wasn't outdone by its performance which remains strong. As for FLX, that's breaking out nicely.