RE: Unless you are a day trader22 Mar 2021 16:49
Tondy,
Just look at last 2/3 weeks.
We had same pattern and subsequently same panic on boards.
SP had risen quicker than it had regularly been doing over few days start of month.
Some of that gain was then subsequently back filled at points between previous highs and most recent high.
Levelled out little below historic high where it then took off again last week.
We gained best part of 20% in week.
105 - 124p.
c.110p was pretty much a solid previous high point we went past too quickly last week.
To me we are back down just above that and I see more than fair chance that gap will get filled up over coming weeks (there may or may not be drop from here, be surprised if it took us below £1).
However month, 3month, 6month, 1 year from now I fully expect odds of us being at higher SP as opposed to lower SP is pretty strongly tipped in our favour.
IMHO.
Others can hold other views and time will tell.