RE: Buys21 May 2021 21:17
Bottom line is that your money counts for nothing but II money counts for everything - anyone capable of offloading millions of pounds worth of shares will have done so north of £2, not at £1.25, just like the professionally-advised directors :)
We've fulfilled a classic 61.8% Fib retrace from high close to low close @ c110p, carving out a beauty of a Descending Wedge in the process, and over my favoured three month downturn (week #13 this week ...) for the swing trade back up again over another three months.
I can't promise you it won't go lower but there'll be a wall of non-PI money to meet it if it does but I'm guessing that II money is already in-play around here.