Member Info for Bottmzup

renroc, yes this has made my p**s boil for many years.
They`re never going to make it that easy for the general public participants because it would mean the closed shop City boys and members of the infrastructure giving away their advantage of smoke and mirrors manipulation.
Another reason why I have no problem taking some profits....anywhere, and NEVER fall in love with any stocks.

Yes, finally broken out of the 5p - 8p trading range.
New range 8p - 11p.

You`re welcome Bullit.
Good luck to you and your decisions.

Bullit, no experienced chartist is ever going to say that they have a reliable way of `predicting` a future share price, thats not how it works, and they`d be asking to be shot at.
The essence of using technical analysis in trading, or timing an investment, is to `load probability in your favour.`
But, the most successful strategies in my experience are chart patterns, ascending triangles, flags and pennants, cup with handle etc, these are known as continuation patterns, and have an uncanny level of reliability...probably because they take a little time to develop and are easily spotted by a lot of traders, who then take part.

On the 5th Aug `20 I posted this on here...
Cup and handle on the weekly chart looking like a developing pattern... target c15p.
https://www.tradingview.com/x/KTG4sQtW/

And here`s the princilple of how it works..
https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:cup_with_handle_continuation

Here is the weekly chart today..
https://www.tradingview.com/x/JZJW4Kgc/

The pattern I love most though is the Ascending Triangle because its the one I`ve had most success with.
Here`s what happened over on Avacta (AVCT) in late Aug/Sept, a text book pattern...
https://www.tradingview.com/x/dhf9cg4h/

I was building a position as the pattern developed and then sold half at 185p as the breakout move completed and the sp headed back down.

Here`s the principle
https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:ascending_triangle_continuation

No guarantees but the idea would be that you spot the pattern developing and buy when the sp is on or about the rising trend line of the triangle, then have your stop loss below that line at your allowable % loss as a safety net.

These examples aren`t crystal ball predictions, they`re just highly likely and most probable outcomes.
So as long as you play them with the mind set of protecting your funds as the priority, ie getting out if the pattern starts to show signs of failing, and therefore becomes invalidated, you stand a good chance of being right more often than wrong.
There are plenty of other continuation patterns, as well as reversal patterns (up or down) to look out for which are demonstrated on the same website above.

You`re right trillsg, appologies for that, not sure what happened there...try this one.

https://www.youtube.com/watch?v=cxmgeGR7fbI

Ha ha, yes he did, and how true its becoming.
The program is a fascinating battle between people who want to turn water in to a traded commodity, versus activists wishing to resist..saying that it is a human necessity to have access to clean water for life.
We know who`s probably going to win that battle...eventually!

The fact that water is in higher demand under diminishing supply will eventually lead to water wars, just like the oil wars only different, because we could live without oil, but not without water.

So access to clean, or cleaned, water is going to become more and more critical as time goes on. This short video explains Modern Water`s solution to industrial waste water, AMBC.
https://www.youtube.com/watch?v=-qGQvmrfSVo&list=WL&index=2

Also the water monitoring technology that MWG have is gold standard...`Our range of toxicity testing technologies is both industry-leading and ground-breaking. For a full list of scientific papers written about our Microtox® technology visit the Microtox Bibliography.
Applications include....amoungst about 20 listed on the MWG website...
Chemicals
Drinking water monitoring
Hazardous waste
Industrial process water
Medical/Pharmaceutical products
Monitoring of rivers, lake, reservoirs, seawater, groundwater/natural attenuation

Etc etc, the list goes on.
So as water becomes more scarce and treated far more seriously on a financial level as a Commodity, the services and industries of the world will be forced to protect the water that they use and focus on re-using it more and more.

Modern Water is the world-leader in Forward Osmosis (FO) based desalination and forward osmosis as a pre-treatment to reverse osmosis.

DeepVerge have many strings to their bow, MWG`s tech is only one, thats why I said in a previous post that they have great products, with great timing on many levels.
A great time to be at the birth!

Is water the next oil?
Program just started on Aljazeera if anyone`s interested.

Just watched an interview on Aljazeera with Dr Anthony Fauci, the American physician and immunologist, and he stressed the same thing, that we will all still need to wear masks during the vaccination process.
I wonder if he`s heard of masks that actually kill the virus!

I bet a lot of the traders that bought on the chart signal will never have heard of Duff, Johnson and Akers. Its only on here and Twitter that they are well known as being so pro DEV, besides, they`ve all been predicting big moves here for many many months to bolster their positions and talk up their book....even a broken clock is right twice a day, so it was always going to come good in the end.
They have been buying large amounts over the last good few months, and without them we may well be still struggling to get higher than 8p, thats a fact, but my point in charting terms is that a lot of traders are disciplined, and wait for the chart signals to confirm their decisions.
I`m well up here because all of my buying was done at 3p 4p and 5p on the dips, those buys were charting decisions, because the previous fall from May 19 to May 20 showed signs that it had stopped falling and was starting to rise....at last. Buying dips on the rising trend...charting.
What I`ve done a lot more of this year is being patient with my investments, and done very well, in fact the best year in my history, trading some Covid stocks in the mix.
But my patience has paid off here, and some others, because I was buying low and having core holdings with a bit of trading in and out...on the charts!

I have absolutely no doubt in my mind that my successes this year would not be as good as it is without my long term study of charting, to compliment my research of which companies I wished to invest in... no doubt in my mind.

As they say, the more you practice the luckier you get.

* I`d already saved the chart before including the blue arrow, but I`m sure most will know which volume spike I meant. Here...
https://www.tradingview.com/x/PWQIrqq5/

The reason I responded to your post was because you said...Charts get thrown out the window after news as big as last Monday.

Well DEV`s RNS last Monday makes my point perfectly as to why a knowledge of charting, and therefore timing, is more than just `coming in handy.`

This is the 2 hour chart, I`ve circled the 21st and the 22nd....so 8 candles.
https://www.tradingview.com/x/QDHEmBoE/

The RNS came on the 21st at the left of the circle, and notice how the price didn`t really do anything much at first and went in to a consolidation pattern between 9.3p and 10p for 7 consecutive 2 hour candles.
Then on the 8th candle near the end of play on the 22nd it broke out above the stuborn 10p resistance level, and thats when the action started, and the chart watchers knew that it was going higher, which saw the spike in volume to drive the move higher (blue arrow)...it was time to buy on that signal, not at the first read of the RNS on the open of the 21st. The traders had waited for confirmation on the chart before entering, because don`t forget DEV have come out with progressive RNS`s before only to see the sp fall back because of the seller.

Breaking, and holding, above the 10p resistance was what drove the move, with the catalyst being the RNS, followed by the delayed reaction signal.
So chartists didn`t miss anything, they just waited for the confirmation signals on the chart before buying.
Thats intraday charting.

No.1SS, allow me to explain what you are missing, with an example..

Buyer A is a fundamentalist, company X comes out with a positive RNS....the price reacts positively at the open, lets say it closed at 50p the previous day and following the news it opens at 52p and rises from there to as high as 60p in the first hour or two. Buyer A can see its a good investment so manages a buy at 58p.

Buyer B is a chartist who prefers to time his entry, so he watches and waits to see how the market reacts. The profit takers who`ve been sitting on their stock for a while decide to sell in to the rise and the price retraces back to c54p or so before support kicks back in. He buys at 54p after watching closely on the 30 minute chart and so by the time the price returns to Buyer A`s price Buyer B is already 10% up!
The other benefit of this is that you can have a tighter stop loss at a lower price than Buyer A if the market decides for whatever reason that its going to sell off a a few days or more after. Money Management.
Just a small example of how a chartist and technical analyst works, as opposed to how a fundamentalist works.
I never buy at the open anymore, I`ve been stung in the past and have learned the hard way. I have more patience these days, and 20 years of learning technical analysis which means I can buy or sell without my blood pressure going up.
Like I said, fundamentals for the why...and technicals for the when.
It works!

Not sure I agree barnard, it depends how you use charts, if you think its an either or comparison then you`re not seeing the value of both.
The best traders AND investors use charts for timing entry and exits, and fundamentals on which stocks to pick.
Fundies for the why....techies for the when!

Thanks for the vote up cheapsharesboy, just trying to cut through the scaremonger`ers games.
Nothing to be scared about here anymore, the Bidstack IGA model has been proven now, just a matter of how big and how soon!

Well to `exceed` guidance at this point suggests that it might be exponential...so Bids might even come out with a revised guidance for `21 when they update the market early in the new year.
The snowball may be rolling faster than even they expected.

I know the trolls will say I`m just dreaming, but if they can cite previous performance last year as a guide to this year in what has turned out to be a failed theory, then I`m entitled to cite H2 performance as a guide to whats to come due to the H2 performance this year.
Thats fair, isn`t it?

These trolls/bashers/derampers will try every angle possible wont they?

We`ve had the Mother of all bashers on here for the last year wanting to string JD up for his over ramping too early...ok I get that, people got stung because of their own inexperience and hey ho thats how the AIM casino goes.

Then JD sells a puny 3% of his shares, and still retains 39m, (which incidentally he hasn`t sold any more since, even though he knew dilution was coming and he could have, legally) and you would have thought we should all take to the streets with banners saying `we want a Bids revolution`and J Draper out...just because he took some well deserved funds off the table for personal reasons.
So then JD decides to go quiet, learned his lesson so just got his head down and progressed with `quiet efficiency`! And all the baboons decided that now he`s not saying enough, not updating the market with messages and interviews, so the progress must be dire and they`re struggling to sell any advertising space...we`re doooomed I tell ya Capt Mainwaring, they`ll never hit guidance on revenues, so lets hammer that for a while.
Then, low and behold, an update...they not only have hit guidance, but they`ve exceeded it..Wow! Excellent news?
But no, they now want to change it to....but that isn`t profit, its only revenue!!!

Deary me, these ballons have more angles than a 3D quadrilateral trapezium!

All you need to follow is that the growth trajectory is rising, buyers are buying now because Bids have proven that the model is working,
Forget the past, don`t listen to the bashing `lookbackers`...they have an agenda to ruin Bidstack to this day.
They can`t deny the growth of this company, the numbers prove it, and the target industry is GIGANTIC, and we`ve only just scratched the surface.

#This is (still) Just The Start!

So you did reply to it while I was typing.
A chart can say what it wants, unless an RNS changes things.

Yes, an RNS did change things..unless you missed it!
Thats why the price is rising...hello!!!

Thats as maybe beasty boy, it was a bit of fun for the comedy aspect, but I notice you decided to reply to that one instead of the `Strong Chart Signal` post...which you can`t deny!
You are one of the trolls of which I speak trying to kill the positive sentiment here..and failing btw!

This is the weekly chart.
https://www.tradingview.com/x/iMvBlTYH/

Notice the break above all resistance lines, above the 50 period exponential moving average, and the break above the centre line on the stochastics...and the previous high line level in dotted light blue.

Very strong signs that the new year bodes well for Bidstack.

The negative sentiment still dwells here with the obvious trolls, but the market disagrees with them...strongly!

Happy New year Bidsters!

60+% rise in 7 trading days...not bad!