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Correction: just saw an email from T212 saying the delisting was now complete. Worst "trade" of my life by far...
Afternoon all.
Just saw a sell order on T212, put in back when NNN went belly up last year, finally went through today. For a massive loss of course... Would this be the broker/platform tidying up the shop or evidence of market activity for the stock once more? Im guessing the former.
When comparing the "ticker tape" on the LSE Shares Traded window, there is a massive 20m "buy" at 11:48am, but in TradingView it is clear this is showing as a sell on the 1 min view. Any reason for the disconnect? Im much more inclined to follow TV tbh
Given it is now past ATL and in freefall toward the 9th level of Dante's Inferno, am i right in thinking every shareholder in the PoS is in the red?
How lovely. At least I wont have lost as much as the fools running this mighty ship into the rocks.
Looking at a fib retracement from 2021 lows and the effective start of the current rally, 0.943p hits the 2.0 fib level perfectly, so id expect a bit of a sell off around there. That said, bulls could well push it to 1p before profit taking begins. I may well skim a little off there and buy back some more on the inevitable pull back.
https://www.tradingview.com/x/Ioc02OKr/
Trading212 (terrible interface) is reporting a price of 0.61 (110% gains), while TradingView is showing 0.53 and LSE 0.51.
Im a long term holder but wondering where can one get the most accurate price data?
@nomlungu - point well made. I was going to top up in anticipation of a price rise but my reading of the Report was, things are going in the right direction, but they are doing so from a poor place already. So not great still overall and cancelled the order.
Price now dropping as more savvy investors digest the full report, i imagine!
Hasnt appeared on LSE RNS thread yet but just saw on Investgate that VAST interim results were published a few minutes ago:
https://www.vastplc.com/wp-content/uploads/2023/01/interim-results-31-october-2022.pdf
Havent actually looked through but looks promising. I guess the BOD are looking to cash in on momentum
https://www.tradingview.com/x/NUDDo1hA/
Hopefully this will hit support at 0.4, which also converges with the 50 day MA. Or the 100 day around 0.37. Will look to average down then, but losing 40% or so of green in a few days is pretty eye watering. I do think one is better off dipping in and out for now, given the volatilty.
https://www.tradingview.com/x/Qakyi9Qx/
Chart technicals really arent even worth thinking about, as we are now well clear of all time lows, with nothing but fresh air below the SP. Really nothing of any positive note to talk about, although if one HAD to glean something from it, we could potentially say the longer EMAs MAY be smoothing out a touch.
Of course, all of this is likely meaningless if the actual reality of whats happening on the ground and in the boardroom doesnt yield anything of value.
Im massively underwater but not evening thinking of averaging down any time soon. And that would only be with the intent of getting out for as little damage as possible. Terrible purchase but am holding out hope for another rally like earlier this year. Fingers crossed!
Previous price action would indicate exactly that! Stupidly got suckered in yesterday given Friday's run, now looking at near 50% red bags in a single day. FFS! Got burnt on this one before. Fool me once, and all that....
I guess there is previous indication of several quick episodes of pump n dump last year, so am hoping for something similar to get me out of the hole. Might average down a little once the decline looks like halting, but boy does this ticker take you for a ride!
Morning all.
Was hoping for an end to the nose diving stock price today and it looks like the brakes are being applied a little, given the news, but there is some really interesting price action today:
https://www.tradingview.com/x/gDJUyhym/
Looks like some very heavy downward pressure on the price, as if someone REALLY wants it lower than 0.20p. 0.21 is the new frontline before the 0.20 support, but given the precipitous drop over the past month or so (accelerating in recent days, kind of like a reverse FOMO!), im not going to buy more until i see a reverse in trend. Which i hope is today!!!
GLTA
@Daz423 - Indeed. Im not saying im looking to flip KOD for a quick buck either (jumped in in March and am looking to hold until at least a quid!). Im incapable of putting the time into looking at fundamentals (which is a bit stupid of me) but like to check the charts as one might do the weather: just because its crap outside doesnt mean im not going to walk the dog or go to the shops!
It can just be useful to know where something is headed in order to inform one's actions, is all. And heartening, in fact. Some may feel worried by price action until you look at the stats in a chart and see what looks like bearish moves are actually healthy when viewed as part of a larger bullish context; and as we know, stats never lie ;-)
I had another quick look actually, and noticed that, whenever we've hit 30 on the RSI, i.e. oversold, there has actually been a strong bounce back up. The "dips are being bought" as they say. So it is probably quite a good time to buy more, in fact! Will see how it progresses throughout the day anyway.
Sorry, addendum: I intend to wait to see a flattening out of the down trend (which I REALLY thought was happening at 27p!) before consolidating my position with further buys. No point throwing money into an ever growing pit!
GLTA
Morning all.
https://www.tradingview.com/x/U0NFwKxb/
Ive got to be honest, from what I can tell the technicals arent looking great right now. Breaking through that 27p support line last week means there isnt very much at all until we hit 20p again. And this is on top of a near 50% drop since that pop up to 47p a few weeks ago.
I really cant see much support anywhere between those numbers, which is very worrying, especially with the general opinion on this board that we will only hear something "within" the next 6 months. A lot can happen then, especially in an apparently increasingly turbulent region.
I should have sold then tbh, and definitely should have sold when it broke 27, but guess will keep averaging down now!
What are others thoughts? Hold on for the ride or GTFO and cash in?
Having broken out of a rising wedge, it hopefully looks like the recent drop MAY have found a bottom, tagging the 200 day SMA, which also corresponds with an area of weakish support.
https://www.tradingview.com/x/goyA2KE5/
Lower time frames show it is beginning to flatten out, but im looking for some consolidation here before averaging down further.
General mood from those wiser heads on the board reckon there are good things down the road for those who are patient, so just a case of waiting out and buying when the price action suggests doing so.
Hi all,
https://www.tradingview.com/x/XgRPhsVV/
Here is my current TA for KOD. Momentum has been relatively flat for the past few months and price action dying off a little because of that. Looks like we are currently in a bit of a bull pennant formation very similar to our one earlier in the year.
This was broken by the Mali coup news, dropping 25% or so but leading to a massive rally. What im therefore looking for is a continued drop to about 0.30 and then a significant run up to 0.45-0.50 prices. RSI is below 50 and dropping a bit but that may also help boost the SP from 0.30.
Heavier downside my drop it to 0.26, where the 200 daily SMA is currently sitting. Volume is drying a bit too so we are going to need some strong RNS to give things a solid kick up the back side though.
I may look to buy more at 0.30 or wait for signs of a reversal if it drops below that.
GLTA
Morning all.
Here is my chart in TradingView for KOD:
https://www.tradingview.com/x/98lXzn0y/
As im sure you are all aware, it has been losing momentum off the late June/early July highs, with volume dropping off considerably. RSI has been cooling off to but appears to have flattened out a bit below the 50 mark, which is a good sign.
IMO, this looks like a consolidation phase, with the confluence of the 50 day SMA, and previous support/resistance lines at 0.36. Im hoping for a bounce at that point which should be in the next few days according to the charts. Therefore could be a good opportunity to top up for the next leg higher.
Historically, we had a similar pattern in May to mid June from that 0.36 level to 0.20, leading to a massive rally once the dust had settled from the Mali coup attempt. One nice RNS will send us back up to the half penny highs and beyond hopefully! Still bullish nonetheless.