RE: Some noteable buys today13 Sep 2021 19:25
Hi Danny, hope all is well?
Saw some good buying pressure going on this afternoon, and one reported late. A buy of £35k now really isn't all that impressive at these levels - I'm aware than can sound snobbish, but it doesn't move the dial that much at this SP. What we need in consistency.
My thoughts FWIW.... I've had a channel plotted for the last week and we've stuck to it religiously ever since. We pretty much came to a point today where the 9EMA touch the bottom channel, and we closed above the 9EMA which is very positive. Tomorrow might just confirm a breakout but we need to get beyond 7p, then the next target is 7.2, then 7.6 and after that we're up, up and away.
Please take all that with a pinch of salt, it's just my analysis and this is AIM. It might sound like I know what I'm talking about, but I could be made to look a mug tomorrow if we head south. But I'll show my hand and say we're going to start moving north. A RNS may be arriving, too. We're overdue one.