Member Info for Chartist2

...if that line is touched, Bmn mightince again try to reconnect with 39.00 - 39.30. Here the Sp risks to bounce. In my opinion very positive TA sign if 39ish is fully regained. No advice meant. Best to DYOR. Good luck with your individual strategy!

Now that Bmn has seen so many attempts to spike down to the lower 30ish lines, and quickly regain the 35.50 support, IMO traders should also keep an eye on the rebound potential here. For me, first positive sign comes if 36.75 is climbed.

What, do you have a better explanation for monthlong selling? Anything??

"...This may coincide with the drop as people are more than likely selling to pay for Christmas and their tax bill's." Another fact to go by is that eversince Christmas people on here (probably 90% of the holders) have loafed up and added shares, and not sold any. Alfacomp probably has a good overview whether since christmas there were any substantial PI selling or not. Probably not.

HaleSpur, the bearish double top formation (as seen in early December) mostly appears when you have an ongoing share hype on good news, with mostly private investors buying into the story. But the rise does not hold, because large pro-investors do not follow buying, and rather start to sell into the rise - bigtime. For whatever reasons that is. Someone was placing large automated sells, and this is basically what we've seen since mid December. Sorry for newbies who made a steep loss since the bearish warning around 20th Dec. I hope Bmn will turnaround soon! (The Christmas profit selling trade pattetn is not in January, its mostly in Okt. and Nov.) -------- "This may coincide with the drop as people are more than likely selling to pay for Christmas and their tax bill's rather than investing. Hopefully this gives an alternative reason for selling no matter how little influence it may have."

Hopefully that 35.50p has marked the second bottom this year, so that Bmn can get back on track with a decent rebound.

Nothing to be annoyed about @RealGoneKid ... learn next time not to listen to rampers, but try to find a balanced opinion from all sides and all posters. Another helpful signal is the truth: The share price. After the double top at 50p, several signs were pointing to a weeklong retrace. Happy for all who were able to use some of the December infos for their individual strategy.

Expert, I really like my english expat friends here in ZH and Geneva (and every pub in the world I go:)) Would not want to see their homeland suffer... I truly hope they will rethink the brexit. Its just such a pain in the neck for everyone, and that subject is constantly crashing all of my business news channels.

Yes, Jackie must have been far too positive about this share :))

(TheTraveller, its probably always best to write on the respective forum. Catch you later on tonight.)

Nice price maintenance once again! And well above the required 35.50. Just hope its real buying, and not just smalltraders topping up...

Whats this gigantic spread now...?

...and now after cheap shares have been picked up (and one or the other decent holder has been flushed out), Gcm starts its rebound.
Lovely share, right? :))

And there is our reconnection and touchpoint at the 27.40 support line.

What a lovely share.

"I know we are all long term optimistic, but if it carries in this way we will be back to 25p this week?!?"

Redbus, no, not 25p. Technically the Sp shows active and slowly climbing support lines, well above 26.50 - 27.50 where every retrace has found fresh grip so far. TA it remains very positive if Gcm stays above 27.40p
New long term uptrend only possible if 32.50 is climbed (hold on the hourly chart)

DYOR. No advice meant whatsoever.

Yup, chillipepper, keeping an eye on the other too... Intetesting rise so far.

@Traveller, my friend, happy for your individual decision and LT / yearlong holding. I was hoping you would reap 14ish, as this was the target for early 2019...
Best of luck this year!

TA wise if the Sp manages to hold around 35-ish, we could soon see the beginning of a valid double bottom support, based on the first low created in mid December 2ß18. Just my opinion.
Hopeflly this monthlong bearish trend (since the double top alert in late December) will soon come to an end.
And hats off to everyone who had the guts to stick it out that far!!

Best to DYOR on lse-co.uk anyways

Yup, thats quite a push now.

Daisan, referring to the wild discussion here in Dec & Jan, that some baby nick leeson was playing with the share price. Anyway, we're now back at the mid December support line.