The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
This one has come up again on my wykeoff group chat . Got a very big base formed in share price over last few years , looking at the test around September that is confirmed and retested , we got this going to well over £1 in a 1-2 yr timeframe .
Good luck guys , i wont be selling any time soon .
Interesting to look at the monthly candles
1st JULY , solid up candle
1st Aug , unmoved on larger volume
1st sept solid down candle
Still making higher highs and higher lows , on monthly .
Hard to work out who was selling in Aug /Sept bored private investors selling because it pulled back or the larger players .
Lack of rns suggests the former.
GLA ,
I am thinking the fact the shareprice is being controlled in this manner , along with the various holdings in company rns,s suggests large interests are still mopping up any supply . A hold above 15 p (on weekly chart ) on any retest would be indicative of higher prices to come , even if it were to drops back into the range , this sign of strength on moderate volume is encouraging .
GLA