British Bulls28 Mar 2024 20:31
Just goes to show charting Osborne thing but you have to use all information and knowledge to make informed decision.
Good signal originally and they are still saying Stay Long without the benefit of the News .
Here's the update but warning signs were there. Today's call to 27p was definitely a sign:
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 25/03/2024, 3 days ago, when the stock price was 25.20. Since then SDRY.L has risen by +14.29%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to