RE: Shorts exiting reducing positions13 Nov 2025 10:56
Right since BushyTail cannot recognise a divergence even if it smacked him on the head and to avoid any of you acting on misinformation let me tell you what's going on technically regarding divergences. First you need to understand that It is a technical piece of analysis. Second, you do not immediately act upon it but you wait for confirmation (what that is and how it manifests, I suggest you study). Thirdly, the presence of a divergence even with confirmation of a reversal in price does not mean guaranteed success as outside factors like a significant RNS announcement or a geopolitical event can negate it.
Now on BushyTailed nonsense.
There was a regular bullish divergence on a monthly timeframe between Sep 22 and Feb 24 that has already played out and finished in July 24. There was also a hidden bearish divergence, the hidden ones are stronger here, Feb 23 and Jun 25 which also looks like it has fully played out (Nov needs to close).
Playing divergences on a monthly timeframe requires patience and years for them to play out. Thus big pockets and ability to stomach big fluctuations. So BushyTailed even thinking at a monthly level is total nonsense.
On the weekly front.
There is a hidden bullish divergence 7 April 2024 and 27 Oct 2025 that is confirmed but since we are at a resistance level the jury is out if it will continue or not. Thus if you want to buy you are buying at a local top and drinking the bid cool-aid.
On the daily front
You have a hidden bearish divergence (remember hidden ones are stronger in my experience) between 15 Sep and 12 Nov that is not confirmed yet and will require 2 more signals for me, which I shall not say here to trigger a potential short opportunity. Since of course we are in Mickey Mouse time and allegedly bid negotiations are taking place (I doubt they are serious), shorts are ill-advised and more than likely would be a speculative action or a hedge to against longs.