RE: 201 Headline Results Just the Beginning22 Sep 2020 20:10
The candlestick for today doesn't have any wicks so the buying pressure is strong and the volume is good.
I reckon there is every reason to think there we be further significant increase tomorrow , pretty good chance at 50p I would say
What happens Thursday I am less sure.
I still think my ponit from the begining of the day is still valid, i.e. That the SP only reflects what we are willing to pay.
Also the higher it goes now, the more presumed good news is priced in.
No doubt I missed out on the chance to top up this morning, but I am still benefiting from the rise in my current holding
However with as many sellers as buyers this could quickly to turn into a momentum trap.
Best bet, enjoy the ride up tomorrow and reevaluate position again at the end of the day.