A lot to be positive about here31 Dec 2020 13:08
Whilst I get people getting frustrated about rampy tweeters, these tweets were not the reason TGIF the rise they were posted after and it was on the one about the FO that I could see.
Bottom line is to do 19% rise followed by a 0.90% drop the next day is massively positive, it shows this wasn’t a p&d it’s just people accumulating whilst it’s cheap and a bounce from the bottom! The chart is massively positive we’re sitting just below the 200ma after breaking through it temporary yday and the 50 day ma is moving up to the 200ma so getting closer to a golden cross.
These technicals together the fundamentals here with news due in Q1 makes me believe there will be a massive rerate here soon!
No ramping needed but also no reason to be negative eaither!
GLA