RE: Technical bounce only18 Jun 2022 02:22
A technical bounce? Ha ha ha ha, your desperation knows no bounds Allbran.
We get a comforting piece of news that suggests, strongly, that Bids are planning for a ramp up in revenues and you try to invent a negative that doesn`t exist.
You should know by now that there are posters on here who have a strong understanding in reading charts, I for one have been a student of technical analysis for over 20 years.
What you are really seeing here is the `first` signs of a `possible` bounce, as signalled by the oversold daily stochastics, and the crossover of the signal line to the upside. See green oval.
Also there is a reversal sign in the candles, where todays candle closed above the mid point of the previous one...a sign, but not a confirmation.
Still enough to worry you into trying to deflect away from in such a pitiful way.
https://www.tradingview.com/x/2qH0abKz/
The ducks are starting to line up, and with the new Chairman RNS for people to consider over the weekend there could be more ducks assembling in to next week...certainly not a time to be selling, unless you`re forced to for personal reasons.
Its no surprise that the MM`s dropped our share price this week when you look at the carnage throughout all sectors, but there are signs of a bit of positivity creeping in, falling oil prices, Nasdaq closing blue from an oversold position, as is the S&P500, which is a much more representative measure of general sentiment than the Dow Jones.
You are one of the worst derampers I have come across, because you just make things up and throw them out there hoping that somebody is going to be dumb enough to believe what you`ve invented, and when your fake phoney inventions get debunked you just throw another one out there.
But what you are overlooking is that with each one, more and more people reading this discussion are able to see right through you like a pain of glass.
You have zero credibility, and zero effect on the share price.
If you want to hear about a proper bounce, ask helx about the one day bounce up 125%.....coincidently just after he was claiming a crash was coming the day before...ha ha ha ha!
That was a classic.