Member Info for iceman888

Rightback:- My condolences to you and your family. Stay strong!

Here is a weekly update!

1) Friday volume was the highest volume since 9th October. Volume is very important in TA. (Increase in SP with increase in volume is bullish)

2) Highest share price close(26.5p) since 2nd October. Previously we have had moves to 26p-28.50p but we have hold off. The closing price 26.5p is bullish.

3) Bullish candle on the daily and weekly (DRAGONFLY DOJI). (Weekly INSIDE candle= pressure building) + weekly reversal candle.) Bullish.

3) I would like us to CLOSE above 29p to confirm the bullish move. A break of 29p will be EXTREMELY BULLISH! Break out of weekly channel! Very positive confirmation.

4) Fib retracement levels: 22p (tested and defended three times in last three weeks), 29.5p, 38p, and 56.40p. 38p is the next level up.


5) KEY INDICATORS: CCI/RSI starting to move up, MACD, the distance between the moving averages is reducing, a bullish crossover is imminent! STOCHASTIC is moving up (this week we have moved from 2.29 to 14.37. I break of 20 will be very bullish and this could coincide with a close above 29p).

6) 50 DMA has been a very good support for the SP. I was never expecting a “touch and go” move. We have spent several days at the 50 DMA and a move up is the nature course.

MY PLAN THIS WEEK:
I want to see follow through on Monday/Tuesday to confirm my bullish thesis. If we have a positive start then I feel the downward move is over! I will be adding to my holding as we move higher.

I think volume will come from spread betting/CFD companies who need to buy the stock as we break a key channel support! I think this was happening on Friday afternoon! Otherwise, they will have significant losses and cause a spike!

Market Markers: Level 2!
We have
2 at 27p
2 at 28p
1 at 30p
1 at 31 p
1 at 32p

Again a break of 28p-29p will be very bullish! This should take us to 32p-38p or higher! Few big buys in the morning we can take out 28/29p quickly.

This is my first target! 1.75p to 2p !

50 DMA and 200 DMA crossed this week! GOLDen CROSS! Google it!

Great post ADAM! Always enjoy reading your's and Grace's posts!

I guess people will start to believe in the POWER of 50 DMA and the fundamentals. If you do some calculation you see that the 50 DMA will start to move up rapidly starting next week. So the rise in the price today is pretty expected. 50 DMA is acting as a STRONG support! Yesterday, we had the lowest volume in over 2 months (7th August)!

This could close at 80p today! Up 100% if we buyers keep buying the dip!

If we get good media then look for +£1

We take out today's high 47.5 then next level is 52p! I still think we fill the gap at 78p next week!

After that i expect us to move towards £1.10- £1.20

This is will move up next few days!

TODAY IS JUST A START!

We should fill the GAP at 80p!

Watch this space!

Pressure is building up and it BLOW very soon. 200 DMA will be the key. If we can trade above the 50/200 DMA then anything is possible! We have been the 200 DMA for a very long time!

IM A STRONG BUYER HERE! Been buying from 29p to date!

Good luck!

Careful EVERYONE! Many of the sales are buys showing up late!

MM trying to create fear! WHy?

No stock?

why wait?

MM should know what is coming !

I have been actively buying at the 50 DMA. My holding is now 3 times what i had when it was at 7p! Not reached 3% yet :)!

I have sold few of my stocks and been building a decent holding in VAL.

Life is too short to watch this opportunity pass by!

It's been always 3 weeks since the results came out and VALirx needs to start moving UP soon or it will be repeat of SNG style move! Yes, i had SNG at 35p!

16TH OCTOBER ! GET READY! GET IN!

RNS:-

Braveheart Investment Group plc

("Braveheart" or the "Group")

Further update re Paraytec Limited

Braveheart Investment Group (AIM: BRH), is pleased to provide an update concerning progress with proof of concept for a COVID-19 test that Paraytec Limited is conducting with the University of Sheffield.

The Proof of Concept trials are focused on two separate elements of the test, the Optical Detection System, and Capture & Signal Generation Modules, both of which are required to be achieved for the trial to be successful.

Proof of Concept has been achieved for the Optical Detection System and development work continues to optimise detection sensitivity. Minor logistical issues arising from increased regional COVID-19 restrictions has meant that final proof of concept trials continue for the Capture & Signal Generation Modules and the results are now anticipated on 16 October 2020.

The longer we stay in the 0.19- 0.21 zone the more sellers we absorb. The better the chance of us break out of this resistance zone! We break this resistance zone then 0.28-0.32 is the next level. There is a big gap at 0.44. It's getting interesting now!

Makes a lot of sense to get this deal done and then more news on sales etc...

If you were buying a company you would keep that news under wraps or the sellers would look to charge more?!

Great business.......maybe more news very soon!! :-)

The clock is ticking! We have a deadline to meet. I cant see us staying below £2 for too long!

I will buy more TILS tomorrow.

Looking at the chart I see potential consolidation zones at these levels.

32p-36p (next level up)

45p-50p ( Zone 2)

63p-68p (Zone 3)

The stock price will gravitate towards a fair value. But once we take out the recent high, the level i will be watching is £1.03 -£1.15.

Look at the chart and you will see that BUYERS have defended 22.50p several times. This is how the game is played.

When we come to a key level in the charts i.e. 22.50p (FIB level + 50 DMA + trend line support), I defend this level. I buy at this level. I don’t listen to the noise or the voices in my head or BB's. The market is all about buyers and sellers…supply and demand!

If you believe in the new management, believe in the VAL 201 results and other drugs potential (fundamental analysis), believe in the power of 50 DMA and Fib level, etc (Technical analysis), believe that VAL is oversold then defend this level! I bought on Monday and Tuesday. I will buy today if I get the chance. I believe in my analysis so I defend this key level.

Yesterday around 4pm we had 2 MM at 22p and 3 MM at 23p. It looked like as if we were going to break this level (22.50p). Then the buyers came and we finished with 3 MM at 22p and 1 MM at 23.50p. We successfully defended this key support level again. ( MM = Market Marker)

If we get some decent buying today I think we move higher. We have tested the support several times ( including the 50 DMA) and it has held. Also the 50 DMA is starting to move up. If we were to break the key support level i feel it will be a quick flash down to hit stop losses and we move higher. Yesterday it's was at 22.75p and today it's at 23p.

If you don’t believe in this company or you have had bad experience with the old company/management and find it difficult to move on, then you shouldn’t be investing here. As always you do your own homework and make sure that you believe in the future potential of any company before you buy it. Otherwise, you will end up selling out at the bottom and losing your money. You should never invest money that you don't have! The more you study your investment the more confident you will become. When you get the opportunity to buy you will not listen to the BB's posters but listen to your inner self. Now let the show begin!

Good Luck!

Great news! We break out of 0.21p and move towards the gap fill level at 0.42

Warmest congratulations on the arrival of your new granddaughter !