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Somewhat disappointed we never got through the 4.6p resistance today but progress still made with the 7+% rise on the start. Tomorrow starts another day from a higher base but the overall feeling is that there is still more to come.
Keeping the positivity is easy.The TIER 1 Military based contract is winner and the financial arrangement is supportive, at the same time.
More contracts incoming will ensure direction speed and we cannot rule out a Tr1 RNS.
Let's get through these resistances in the 4s and start attacking the high 5p +resistance.
As stated earlier .... up she goes
To overcome resistances the SP more often fluctuates to get over the hurdle. The MMs will also pull the SP down to fulfill a large order ... a Tr1?
The ENET SP will bounce up again and hopefully get through the 4.6p barrier. Expect it to move pretty quickly.
PS
The BoE have kept the base rate fixed and not increased it
3.9p
Opportunity to load up, if you have the cash
Resistance 4.6p
13 week high 4.7p
Expect some volatility around here
Next resistance 5.8p
BUT
Stick around
Have a look
http://ethernitynet.com/investors/#Shareholder_Analysis
Says it all ....not a shabby customer that !!
The first 20 mins ca be a frenzy
Believe in your research ...up to 43% in 4 mins
There will be sellers but if you ignore .... you will see ENET rise further.
Why include me ... I am positive !! .... my two posts this morning are under the heading of Masterstroke with Strong buy !!
Why include me ... I am positive !! .... my two posts this morning are under the heading of Masterstroke and Strong buy !!
Suggestions of
It's a leak
The contract was expected and priced in
A strong sell
....
People trying to get in, so ignore !!
After a great day, yesterdayannounce good solid contract news.
SP and MCAP to increase straight from the off.
Financially sorted in the short term with a quality customer and they are paying upfront and during the work being done. A happy arrangement to support each other.
GL
The negativity of some this morning and yesterday has quietened down. I wonder why?
85% increase currently
A real buzz about where it could finish with on going positive posts
I month high is 4p, the 12 month high is 11p,
MCAP improving £5.59M
Average daily trading volume of 7.6m is smashed and currently at 71.1m
Had to got out but now returned and the buzz has continued which has a high "good feel" factor .
The trading volume has continued high levels and a new higher base should emerge once traders have gone.
Feel show the wait is going to pay off handsomely.
Thanks for the updates
The Charles Archer report is great for the doubters and newbies. It explains a lot of what is going on.
Sharetalk involved, which is also pleasing with its audience.
However
I amazed the SP is around the 0.08 /0.09p region and think that someone is mopping up shares.
That will improve, without doubt
The malaise of the the last few months is being broken
The 1 month high is reached
400+m shares traded today for an average daily of 107m
Currently 18.75% up
It all makes for a nice change .....and I am still down in my Boil portfolio
Excuse my moments of excitement lol
Earlier presentation
https://twitter.com/ellerby_dave/status/1675822884701327360
Known targets
https://twitter.com/ellerby_dave/status/1719655616841420846
Enet has am MCAP of £2.50m, with approximately 149.22m shares in issue.
Enet share price hit a high of 10.75p in this last year
Hopefully to return to the highs