Member Info for howie70

Incredibly frustrating valuation but seeing that the company continues to grow, is well run, profitable and growing in reputation. I continue to look forward to further positive news being released.

The way things are going, that £500M turnover target may come much sooner than expected

We will see. Last year it took 2 months following the results to hit its high and there were a few bumps and shakes along the way. Unfortunately the market doesnt always reward holders for having stock when positive news is released. Low free floating stock and a wide spread make this a tricky share to 'trade' without a high risk of being locked out when this does move.

Further to my comments today I see above 310 is a possible bull trap and below 280 is a possible bear trap. I am obviously bullish as a holder and so expect boot filling of orders around 280 before this takes off.

We will see Enzo88. I'm fully expecting them to take the price to 280 (or lower) to flush out the weak and fill their orders before pushing the breakout above 310 leaving the sellers scratching their heads as to what just happened.

This morning I researched the candlestick pattern that formed following the downtrend breakout on 5th Jan 2022 (I called this on the 5th of Jan see my comment). This recent pattern appears to be what Victor Sperandeo and Thomas N. Bulkowski named '1-2-3 Downtrend Reversal'. See books Victor Sperandeo - Trader Vic: Methods of a Wall Street Master and Trading Classic Chart Patterns by Thomas N. Bulkowski.
Additionally, taking a line from the top of the gap from 24th Oct 2018 through the top of the candlestick from March 31st 2021 to yesterday takes the descending trendline to 310. A close above 310 I believe is the market signal for the run back to 580. Price clearly broke 310 yesterday but was pulled back, would you believe it to a candlestick top of 310! Obviously, do your own research. If I have spotted this then others have too, so the market will be after weak holders.

I see it Crowfoot. Today's trading range and the closing price seems to signify a breakout deliberation. Looks like a close above 310 is the market confirmation indicator of a gap fill to 580 and 300p becomes the new support level.

Depends on how you view it. If a company reports continued positive growth and increasing profits during some of the most challenging conditions, it might highlight just how resilient and well run the company is. That cash from the sell off from other stocks has to go somewhere.

A close above 280 today would be a nice indication on the charts.

Have to admit I bought into YU a long while back based on its fundamentals. I'm only learning now some of the market trading strategies and signals. When sentiment or trading signals turn positive the buyers usually follow (FOMO), so no doubt alerts will begin flashing on those traders screens if they haven't already done so. YU is a well run and undervalued company and I'm happy to continue holding and topping up.

I'm still learning trading strategies but hopefully, this is a good sign for holders. I just noticed the weekly MACD has gone above 0 for the first time since mid April 2020. On the daily chart MACD turned positive this week for the first time since late November. MACD trading strategies suggest to buy stock – or close a short position – when the MACD crosses above the zero line, and sell – or close a long position – when the MACD crosses below the zero line. This method should be used carefully, as the delayed nature means that fast, choppy markets would often see the signals issued too late. See IG website for strategy.

Or it could just be todays Black Friday bargain price. Never know with those sneaky MM's. However you look at this share its currently still a bargain. lol

Another one bites the dust

Still well undervalued. We are now at least 30% better off than we were when this was priced at £4. Share price could double from where we stand today and still be undervalued

9am results presentation followed by meeting Justin on VOX podcast. Not sure what time that will be but todays VOX meeting was mentioned in their last podcast on 21/9.

What a week! Media and market fears were well and truly exploited on Monday. Market took out stops to below 190 before locking the fearful out. Very good move by Bobby to hook up with Justin on VOX and offer some reassurance. Well done to those PI's who rode out the storm. Welcome new investors who were brave enough to buy into the dip. Roll on results week. I remain bullish and obviously hold stock here.

Break and hold above 250 and the broker target of 500p comes into play which certainly feels a more realistic market cap for YU.

Price now looks to be banging on the door of a breakout.

200p stops being taken out now

Showing as oversold on the daily charts. Top-up opportunity.