Member Info for Allthatglitters

Fantastic work, Toro. Be good to get Bonker99 to incorporate that in the IRR blog on his site (which I'm aware you wrote) as well as an RT from the company of course.

Practically a LTH in AIM terms :)

Amateur hour today. Especially the 11,331.

Ha. Yeah. I know how you feel there. I got fed up of making trades at the wrong time so taught myself TA over a couple of weeks. I'm by no means an authority but it has definitely helped. RSI just means how strongly the share sits at a certain price. Under 30 usually means oversold. Over 70 usually means undersold. But it's also a good measure of how strong a trend is as when it's really bearish or bullish you can see numbers in the teens or in the nineties. IRR currently around 50. So neither oversold, nor overbought. More or less what you'd expect when in range. Bolly bands just track the moving average. The more volatile the price is, the bigger the bands. The more the price consolidates, the more they tighten until the price has to go either up or down and that breaks the band leading it get wider to compensate for the bigger movement. Hope that helps a little! As for your Q: yes it would be easy for a high volume share to break out just on hype, with no news. But this isn't really that sort of share. So I'd expect it to take news to break things up or down. Although a strong rumour of a sale could do it. PS I can't drink Stella. Breaks my liver :(

You're welcome. This is what we hope the chart will look like: https://www.colibritrader.com/wp-content/uploads/2015/12/Screen-Shot-2015-12-20-at-20.51.13.png

Morning StS, Range conditions just means that there's no specific trend (ADX drops below 25). This would indicate that 23 was the bottom and, well we'll see on the top. Essentially, the SP should now bob around between 23 and, say, 27, for a while without challenging lower or higher. Think of it as an equilibrium between bulls & bears. Then, eventually, one will win and the downtrend will either continue down to about 20p or there'll be a trend reversal and break out of the bull flag (at 29p) and look to challenge the 60p options. No way to know how long that will take or which direction it will go, but what I would comment is that the weekly chart has been 100% bearish for months. However, there are some green shoots beginning to push through as the MACD, RSI and AO seem to be turning. But, yeah, basically, it's consolidation for now.

Downtrend broken as Ironridge enters range conditions :)

Afternoon Mike, That's good. Despite priding myself on TA expertise, the usual response to one of my buys is mass selling. Gold price should be set for a bull run thanks to Mr Putin, so that can only help us.

Bought 26k this morning. Still want more though. Bollinger break to the upside.

I wish. Have to wait for payday. Sigh.

My buy at 8.03 looking rather well timed at this point. If the bolly's break to the up side, it could be fun to watch.

Not many listed companies manage to last a whole trading day without a single buy, but Ironridge has always been different from the crowd. Buy order set for 8am so can at least be sure that this will not be the case tomorrow.

To be honest, bud: your message made me want to applaud. Spot on in every regard I'd say. Just needs the right newsflow, a bit of PR and the weekly chart improving a little. Definitely attracts the more patient, intelligent, independent investor does IRR. No ramptastic hordes of newbies lead by a Pied Piper ready to spike and exit.

Yup. Funnily enough, Toro picked up on that earlier SG and within an hour there was a 25k sell. I think they might be tapping his phone. Looks like a coiled spring to me.

MM's not so desperate for shares today, but they will still buy 20k at 24.35

Fair question. Should be very soon as due on all fronts.

Indeed it does. Bolly's tight as I don't know what. Able to sell my whole holding above mid price before the close.

Mentioning no names (UKOG) I'm cautiously optimistic that we should be seeing an upturn in interest on here this week, JD. ...

IMO. Look like a right ramper when it's only me posting, but whatevs.

Twelve trading days to go in Q1. Updates due before Easter. Are you in or are you out?