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I strongly believe that just because trades are listed as blue or red doesn`t mean they were unquestionable buys or sells. On many occasions, with Bids and plenty of other shares people have been posting `my buy was listed as a sell` which also happens in the opposite direction.
So I don`t have any faith in the idea that there were 4-1 sells vs buys yesterday, the MM`s can adjust the mid price to make it look how they want.
If it was 4-1 sells v buys they would surely have dropped the price below 3p.
This is why every data provider issues a detailed disclaimer stating that they can`t guarantee the prices are correct.
You mean apart from every financial organisation on the planet?
I take your point though, you don`t need a chart to promote Bidstack with its current progress....a chart just gives a visual depiction of that positive sentiment, which a lot of market participants rely on for confirmation.
upto2m
@upto2m
·
4h
A top 3 mobile game developer now uses bidstack. 150 games, 3bln installs. Not yet announced to market.. #bids #bidstack https://azurgames.com
https://twitter.com/upto2m/status/1548718718460592135
Here`s a chart even the non chartists will like, if you`re a genuine shareholder!
This is a daily chart focusing on the 50ema, in pink, this is a well used and respected timeframe.
https://www.tradingview.com/x/irtBA08x/
The last time the share price closed above it (not including recent) was on 21st April, green arrow left. Then look at the amount of times price tried to test it since, and get rejected...red arrows!
It peaked its head above intraday a couple of times, but always closed under it.
Then look more recently to the double red arrows, just before the trading update, 6 consecutive days in a row getting rejected and closing below.
Then after the update we have 6 consecutive days in a row where price breached it, and closed above it, double green arrows, with a strong last day in particular under rising volume...yellow arrow.
This is a very strong show of positive sentiment post trading update, with the 22 ema in blue now rising, and the 50ema starting to turn upwards in the last few sessions.
I would expect that if price drops back down to the rising 50ema in the coming days/weeks it will provide a buy signal for traders and longer term savvy investors.
Not predicting any rockets taking off to the moon, but there does seem to be positive trend reversal signs, and some blue sky above for price to move in to.
Allbran (welcome back..after 2 days!) you like a chart, so what do you make of the momentum on this one.
https://www.tradingview.com/x/ajsJnetT/
This is a 4 hour chart.
The green arrow is the gap up on the day of the trading update...7th July.....7 days after the end of interim period trading. Very good optimism by the company.
The light blue arrow is the current direction...upwards after the update.
And the dark blue arrows are the higher volume days following the update....accompanying the rise in share price.
Do you really believe...I mean `really` believe, that the sp is ever going back to 1.6p considering the exponential rise in revenues, confirmed, and the expected significantly weighted H2 period we are now well in to?
What do you think of all the buys lately Allbran, taking the sp above the 21ema on the weekly chart?
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Oooh quick, panic post....panic post...can`t let people discuss future growth...the paymasters are watching so have to respond!
Can you imagine being such a poodle to paymasters that you have to sit monitoring posts on here...in the middle of July, lovely and warm, beautiful sunset, families are outdoors having barbeques and having fun till the sun goes down, and these brainwashed morons are sitting in front of their screens desperate to not miss a positive post on Bids so that they can retalliate with their fake, payed for, phoney venom!
Unbelievable how some people make a living!
Exponential.
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Not worth reading
More to the point what would the takeover price be?
As we all know, if you`re of the senior age range...time moves fast, and 2024 is but a blink of the eye in time frame terms.
What will they be valued at according to the big boys with revenues of £84m???
£200m, £300m...£500m?
Current market cap...£28m!!!!
No brainer to pop some in your ISA today.
You mean you actually payed the fee to read that clowns scribblings, or are you on the `free of charge` list.
People see right through his bs these days...as you can see its had a very negative effect on the sp, in fact it coincides very nicely with the price breaking above your favoured 21ema on the weekly chart!
Oh the irony.
Anyway Allbran, I thought you said you weren`t posting on here anymore until your imaginary placing gets announced, that lasted about 2 days!
I`ve recently realised, after quite a bit of searching RNS`s and websites, that I don`t fully understand the difference between Launchyourcareer and Launchmycareer.
Is LMC based in India and online, and LYC is a virtual reality version of the same thing, or am I missing the target all together?
As a long term holder I should probably know exactly what the difference is, but with all the time passed waiting for updates I`ve completely lost connection with Dev Clever.
If someone could `educate` me it would be much appreciated.
That was the two hour chart.
Probably a better depiction would be the daily.
https://www.tradingview.com/x/Ey5Oyy0o/
Whether its a bullish flag, or an ascending triangle, either way the principle of both patterns target says its got 1p written all over it.
https://www.tradingview.com/x/u7l7XrfR/
You`re the desperado Jizzzzy, I`m a happy long term holder who`s timed his entries and now looking forward to the most lucrative period of income in the company`s history.
You on the other hand have been on LSE less than a dog watch, just over 2 weeks. Posted 387 posts on 11 companies, and in virtually all of them you come across as an antagonistic argumentative as*hole.
Being an angry hothead wont get you anywhere.
What happened...did the Mrs leave you and take the dog aswell?
Ibn Bashir
@IbnBashir5
#bids #bidstack Bidstack sdk plugged into Ironsource, Applovin and Admob..just to give you an idea
AppLovin handles most of the mobile Ad inventory in the world.
Revenue was 2.79 billion usd in 2021 Follow the money!!
https://twitter.com/IbnBashir5/status/1547287216195518466
No, the evidence for Bidstack working with EA have been the codes, as posted regularly on twitter, and reposted on here in the last few months.
Correction, the 3.7p would be outside of the short term channel in yellow, 3.7p is where the longer term falling trend line, which started in Jan, sits today, so as time moves on that resistance would move lower ie in a weeks time that number would be 3.6p and so on.
There aren`t any signs, as it stands, to suggest a move lower.
There does look to be a stronger resistance level at 3.3p Hived, so would expect some selling once it hits that.
At some point the sellers who bought under 2.5p, the 10%ers, will run out and the MM`s may have to move higher for more action.
The rising channel that looks to be in play, in yellow on my chart posted, suggests that there would be more resistance at 3.7p, so at the moment it just looks like a steady rise.
The buyers do seem to be out gunning sellers at the moment so unless there`s any bad news it should keep looking upwards.
Any further good news then these resistance levels could be broken quickly.
All in all the chart looks positive short term.
......of 1.6p!!!
Have a look at the daily chart with the daily 22ema rising and the 50ema shallowing and being challenged...and then try to convince anybody that the sentiment is negative.
Notice how price is now trending in a rising channel, in yellow, and how the daily stochastics is confirming the bounce off the lower trend line in the purple circle.
Then look at the light blue line level Allbran predicts and explain to the forum why, after the recent updates, he thinks that the sp will go back that low!
https://www.tradingview.com/x/XSE2mM1r/