Everyday this week (apart from the drop) , this has been trying to climb higher. I am a recent convert to Level 2 so a novice but what I am seeing is a large volume/price rise followed directly by a series of sells trying to bring the price down. But each day it is nudging upwards. Any experienced chartists that could enlighten what is going on with this pattern? I feel it is like a piece of elastic waiting to snap. Thanks in advance
Another day like this and the shooters really will be in trouble. New CEO is from Linde , biggest investor is Linde UK Holdings No.2, Ltd Linde is massive in Germany Future is looking great....... I hope.
Bank of England Gov was careful with his choice of wording, Bailey says he "very much hopes" the UK is past the worst point of the current economic crisis - but repeats warnings that it's too soon to tell. Could be the start of a bull run as long as 888 is part of it.
really need to break 75p and hold , then it should start to go back up to where it was. I think BoD used this little blip as an excuse get rid of the last Director.
Abradn would be in it for long term growth and the dividends in the future. They don't invest into companies that can not return. They would have clinically researched this and obviously feel there is good returns to be had here. My confidence has been restored.
Was watching level 2 when the priced dropped and the Algo and bots went into overdrive. Someone else mentioned it. All trades for small amounts at the buy price literally tens of thousands of them. It was just streaming down the level 2 board. I now strongly suspect that it was to make up that large order regarding this mornings RNS. It was the mother of all treeshakes thus my interpretation is that there can't be that many freelfloat shares knocking about. Fingers crossed we get a good jump back up sooner rather than later.
Decrease in shorts since Friday. Still a heck of a lot out there that have to be closed. After today my confidence has returned. Markets seemed to like the updates. fingers crossed it can really move on from here.