Member Info for gsolomonuk

Yup it's been oscillating within a bullish pennant on the 30m-1hr chart, if we get some decent volume thisafternoon to push us above 98p hopefully it will confirm a continuation to the upside.

Mcflurry machine is always broken anyway so nvm...

Rumours from where @polish, anything credible?

I know mate, I am always open to a decent bear case to try and save myself from confirmation bias so try and be reasonable with people but I suspect he's just trolling for attention i'll not be engaging further unless he has something sensible to say.

Got the lottery numbers EotB? Nobody could have predicted a stock that has been on an insane run may retrace a little. A true savant…

Scooped up another 7500 shares just under 94p

Disappointing not to hold the £1 today but lets not forget we're up 14% this week! This weeks trend can't really hold without some kind of news catalyst. Happy to go sideways for a couple of days/weeks and push on from there.

Well this is turning out to be the best investment I have ever made so far in in terms of reward/timeframe.

Got in only at the end of may and my investment thesis was fairly simplistic, i'd seen heavy support @ 50p before and I couldn't believe the price drop post Apollo bid, they couldn't have got the valuation THAT wrong surely, couldn't understand people selling. All the research and useful information shared here between now and then has only made me more confident and will continue to hold strong.

Congrats to all those who have held through far darker times than I.

US CPI today which afaik is widely expected to be good, hopefully good enough to pressure the FED into shelving any crazy ideas of another rate hike. If so it could be a feeding frenzy across the pond today which could give us a little bit of extra juice to break £1.

Sounds like a great place to work doesn't it, nice to see management giving back and not take take take, it benefits the business ultimately having a happy motivated work force.

Congrats to all holders here, hopefully we stay above 90p for the day, there are really only two price hurdles left and those are the £1 and Apollo high, after that all bets are off.

90p in touching distance now and imo most of our rise has been driven by late afternoon buying from the US, just imagine if the UK market got bullish.

Grabbed another 10k of these thismorning...

Came here to post the same thing, showing good strength against a negative backdrop. Imagine if the FTSE actually put in a decent few days/weeks...

@straightntrue I tried trading out to get back in to a US equity before Christmas as it had been range bound for about 6 weeks, as you may have guessed once I sold that was the time when it decided to go on a run, I missed a 100% gain, a mistake I won’t be making here mate I assure you, sitting on my hands!

No I haven’t sold a single share and have no plans to, also I don’t plan to buy anymore inspector as I think I have enough!

I was purely speculating that if there was a time to short maybe it would be after the crazy rally we have been on from purely a technical stand point, I wouldn’t recommend it based on the broader picture.

Also my holdings are across four different accounts so any future investigation in to my motives for posting should look for 4 or more trades adding up to my total holding…

Well let me first caveat this with technical analysis is more of an art than a science... and I am ignoring fundamentals entirely in my previous post.

When I open a position I like the 8/21 ema to act as support, we're about 18% away from the 21 ema right now which is quite a gap, this is what I mean by extended. It's perfectly fine though imo to pullback to the 8/21 for support and to a lesser extent the 50 sma.

In terms of "overbought" on the RSI we are heading into that territory, but I wouldn't make an investment decision purely on that indicator. Not sure what you're referring to by R1/R2 you possibly use some method I am not familiar with to determine resistance levels. I tend to just pull up the weekly chart and draw resistance lines manually with my box of crayons...

Well if I was going to open a short (I don’t short anything) this would be the time as we’ve been on a hell of a run and are starting to look a bit extended, a pullback to 78-80 to consolidate for another push north would not be a surprise. Yes I know you could get blown out of the water by a surprise RNS but this is true for the bulls as it is for the bears.

What they were think shorting in the 50-70p range I have no idea.

I hate to say it for fear of jinxing it, but it looks like the buyers are finally in control here

I think most would accept something starting with a £2... I know I would. I have only been here about 6 weeks though, but I would expect most who have been here under a year would feel the same, if we say on average people who got in during that time have a cost basis of 80p that would be a 150% gain in less than a year, very nice regardless if you think it's worth more.

Appreciate it will be different if your average is up over the £1 mark though I suppose.