RE: Rise29 Apr 2025 20:12
I doubt if the rise has peaked, more likely a bunch of day traders has sort of synchronised and decided to do their profit taking as happens every so often. Their is no rhyme or reason for this behaviour they just do it without thinking. An excellent example was what happened a few years ago during Boris Johnson's covid panicdemic. The SP of Lloyds dropped away to less than 30p and my son said why has that happened, no reason I announced just people behaving without thinking and he went off and bought two three tranches. As we all know he has more than doubled his money in just a few short years - more than most day traders ever achieve.