RE: Investors holding8 Dec 2022 07:17
IES had massive news a few days ago
Hit resistance into the rise, dipped, stabilised then did 20% yesterday.
We're at stable stage, our rise starts any day now
Big seller finished selling, that alone should have boosted the SP
Huge funding news should have boosted the SP. In reality both combined have barely had any affect yet.
Gold is also strong so really it's just a little bit of gamesmanship from the MM's to hold it here and once they've loaded enough shares in this zone they'll let it go.
Patience and buy everything under 0.75p because it's an absolute steal.
Short term target 1.1p - 1.2p within a week or two
Easy 50% and that's bottom end of a fair market estimate.