Member Info for GT4racer

We have just ran in a mini 5 peak channel - at the end of wave 5 ... is that the peak for now ??

Comments ?

nebby - here is my take on your answer
1) Bloomberg/news/social media all reporting global car sales are booming
2) All countries positive about vaccine rollout and having adult population sorted by next winter
3) Potential takeover rumours at £30
4) AML is still a good value buy , some institutions will only be entering now with the increased stability and reduced risk with Daimler onboard
5) F1 - raises profile, even if a different company

I picked up a lot of shares 32 to 36p - and a lot more at 46 to 55p - I also wish i had filled my boots then, but i remember at 35p ish thinking there was a high risk of them going bankrupt whilst muppet Palmer was in charge lol

Fair enough - everyone to their own
But - for folk that are interested I will continue to post my thoughts
No share is its own animal - they all follow rules and patterns - this one follows them perfectly
LTH is a viable option - I get that
Working the angles is fun and rewarding

For those of you that 'Dont Know' if its peak - Try this
Switch your chart to Daily Chart
Switch to HLOC Bar Charts
Now look for -
14/Dec - Single Key Reversal - Boom Up
4th/Jan - Multi Key reversal (very powerful) - Boom down
28th Jan - Single Key reversal - driving this boom
This is how you can trade inside your key holding for fun and a few extra shares
Its is not based on hope or guessing
And yes - sometimes it fails of course - but .. not often

Technical Analysis
4hr and 1 Day Chart we keep getting 'Outside Bars' with new low but finish with new high - very powerful indicator of upward Trend - Its still going up
Elliot Wave Analysis
Its on Wave 3 - the most powerful - its been on it a long time now and at some point it will retrace on a wave 4 - potentially losing 1/3 of this recent gain before returning to gains on wave 5 that will go post whatever peak this is about to be. So Day Traders can trade Wave 4 retrace and LTH have something to talk about before it travels North again
I think It will retrace a little this week - then travel North again before the result - thats the end of a full wave.
At that point it will go again or retrace big !

The bad news is not the results .. its the recent outside bar .. with a new high but finishing on a new low indicating a reversal to downward trend
I plan to top up sub 240p and then every 10p drop if that happens for LTH

According to the Elliot wave ****** - This is going to retrace in about 10p - 2130p ish ... before pushing on to 2300p pre results
This retrace is wave 4 and will be a bit up and down in 2120 to 1900p channel before it pops again Thurs/Fri

Yeah .. lessons and iys a Friday .. always like a bit of fun on Fridays .. plus posts were very low .. and .. there was no denial .. and its possible .. hehe

Wave 1 to 2 forming today ready for the powerful wave 3 on Monday .. its gonna blow

BYD have offered Stroll 4.1bn .. more websites now reporting he cant turn it down .. looks good for us .. £30/ share minimum

Maybe the takeover is going to be announced as early.as Monday .. cant imagine it will be that early ... AML did not deny it when this forum asked ... its on .. £30 soon

Ok .. thats the pop thru 7p as discussed .. quick retrace to 6.3p ish then it will pop again to 8.3 ish .. and we are back to normal :)

Oh well hehe

Decided i didnt eant to watch ... i want to be part of the revolution
Just bought my £500 for the cause .. not much but the rest of my pot is elsewhere ..

Leerex .. I will do same .. cant do any harm as currently averaging 170p lol .. every little helps

Ladies and Gentleman the game is on .. the rioters have suggested PFC and now Bab****s is a go .... thousands of small purchases incoming each £50 to £250 ... this is being smashed tomorrow. Poor old Barclays

I had this forecast for 2300p in a couple of weeks ... i believe now it will go straight upto the offer price .. £30 .. (150p old money) .. quick triple your money for LS and most of us on here .. whats not to like. This is sold .. he might push them for 4.5bn I guess

Ladies and Gentleman the game is on .. the rioters have suggested PFC is a go .... thousands of small purchases incoming each £50 to £250 ... this is being smashed tomorrow.
.

Looks to me like the SP is going to finish this correction between 280p and 295p before the next phase.

Well that is the push through 6p done - now back up to 6.95p - 7.4p where we can take a breath and review