Only Wace reducing therefore the rest of the buying is genuine inverstors. Do we reckon Eleva are now underwater? I see Wace and the other 9.6% short interest got whacked at Petrofac which was up 45%.
For those that are interested we now have an inverted head and shoulders pattern on the chart. I never set targets but resistance levels appear around 45p 54p & 60p. Shorts and HFS follow charts as indicators and may well be aware of this formation. GLA.
The last one is very strong and a break through that and it could go to £1