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I hope you're right but I can't see them being that far out as to list £2m sells ... I'm not looking forward to tomorrow morning if I'm honest I think the SP will at least initially fall. I'm not day trading this anyway so unless you are it doesn't really matter and if it drops its just a chance for those with some spare cash to jump on or back in from today maybe????
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References
Lemajor,
me too, today is a classic example we have more buys than sell £. Higher buy volume by a couple of hundred thousand and the SP is 4% down... somebody is very interested in this, I wish they'd hurry up!
Potnak, I agree with your strategy I've been here for 5 years now.
I'm just pointing out I suppose that although this appears to be quite boring and on a slippery slope somebody is clearly very interested in this because the algorithms don't do this to the SP without some human interaction.
Ed
Just a random example from today for comparison (LEK)
Market cap 5m
Sold Value £26k
Bought Value £3k
Share price down 2.5% with 8.5 more sells than buys
SAR
Market Cap £222m
Sold Value £271k
Bought Value £145k
Share price down 5.7% with 1.8 time more sells than buys
Does anybody else think 5.7% is a little OTT on those volumes!
I bought three times today:
90001 shares this morning correctly shown as a buy
30001 at around 3pm correctly shown as a buy
30001 a little later Incorrectly shown as a sell.
Is this a genuine mistake or is it likely that something else is going on here?
Did anybody sell that was listed as a buy?
Relative Strength Index (RSI)
A popular oscillator developed by Welles Wilder, Jr. and described in his 1978 book New Concepts in Technical Trading Systems. RSI is plotted on a vertical scale from 0 to 100. Values above 70 are considered overbought and values below 30, oversold. When prices are over 70 or below 30 and diverge from price action, a warning is given of a possible trend reversal. See our ChartSchool article on Relative Strength Index.
https://www.fool.co.uk/investing/2021/08/22/3-penny-stocks-id-buy-in-my-stocks-and-shares-isa-right-now/
Sorry if already posted, I’ve only just noticed
Cx
Hi all I’m sure this question has been asked before.
I’ve just started to dip my toe into crypto trading, so I signed up to crypto.com and bought AUDIOCOIN last night… £1600 worth, I woke up this morning and the app said I had now £2000 as in the 8 hours or so that I’d been asleep it had risen by something like 30%.
So I went to sell, I was offered £1750!!! So I didn’t sell I’m now holding, but what I’m looking for is a crypto app that actually tells you the spread between the buy and sell price etc.
I feel that this particular app is a bit of a scam. I checked the google price for bit coin and compared it to crypto.coms buy price and I’m guessing you’d need to make 20% before you’re looking at a profit.
So what platform or app do you use ideally that’s open enough to advertise the buy/sell/actual price of coins etc.
Cx
Having read the RNS I see nothing new.
It just highlighted everything that you’d want somebody to know that’s looking for a buyout.
IMO the For Sale Sign is flying with bells and whistles
Does anybody else share my opinion?
Cx