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Morning, I think we need to hold 10p level, still building a bull flag for now.
What time frames do you go out to? Just looked on weekly and 20 day MA got tagged as the low on yesterdays sell. Would expect to see some support being built here at 10-11p
People selling at a new high caused the drop. Locking in profits no big conspiracy.
Look at volume yesterday half that of Monday
You can bet he and his cronies were selling it to the froth
Hi Chartist, yesterday was lowest volume traded against the 3 up days. Half Monday volume, maybe we tag the 200 moving average before we build the next leg up.
Agree, top went in when we made the intra day high. Bias turned short term with lower highs and lower lows during the day. Still think it could test 11.5p before next leg up.
Chartist, just an area on the chart, crude fib level. Didn't put any lines on chart, i think 200ma is close by too.
I thought we would see 11-11.5p given the level of rise
Hi Chartist, fells like short term top is in here. Close below yesterday for me is 1st stage of conformation, tomorrow would be second stage if we fail to make new high.
Only in body! Chartist, I see pull back 11-12p then next leg up takes us to 23-24p gap fill.
Look at the last few up days, this is the pole. Then when we make a top the price will pull back, then we will get a series of up and down days, ranging sideways. This is your flag, usually the next extension is the same as the previous so measure the low to the high of the pole and that should roughly be the next wave.
Probably as high as we go on this leg, then we build another bull flag for next leg up.
Took some losses, after 2 big wins here.
Now back in at 8.3p, should have come in at 5p but delayed and then it moved. Still its doing well now!
Price is making higher highs and higher lows so trend is up.
Little mention in Daily Mail, should send some rainbow chasers our way.
To be expected, 100% up for some buyers, always good to bank 10%ers they soon add up. This still has legs.
All feels a bit like a leak to me
It does seem very quiet on this as we are well passed the 3 months, but that was probably a minimum time frame.
Who knows an update could land on this any day or perhaps things are advancing well with MedImmune as they effectively have a lockout re reading the Feb RNS
This is a very liquid share. 3 billion in issue so free float will never be a problem. The days when this popped were 600m shares traded.