RE: Sp8 Feb 2023 10:29
When you have size volume printed as sales, whilst the offer price is moving higher, tells you very clearly, that we will have a repeat of yesterday closing 15min, with nothing but sales tickets being printed, whilst offer price going higher and then we had proper size buying ticket post hrs.
Today with the same pattern being shown from 09.30, it tells us we will have proper buyer size tickets popping up prior to NY( now 05.00 AM ) opening.
We will most likely see prints going through at a price above current offer price.
My call on the price pre NY would be 188-92, however with the market now also understanding that we will most likely have a RNS out prior to Science day, as the company will have to update the market, because of the highly price sensitive material/updates potentially being presented by the company on Science day, we should see closing price today settling in the 90’ and comfortably closing around 200p by close of business on Friday.
Watch the offer price swiftly moving into the 90’.