RE: Will we see another late tick up17 May 2018 17:19
SL its unusual for SXX to rise and hold for any length of time especially if there is no news or for no apparent reason.
It has risen steadily in anticipation of news - which may or may not come, and is currently too high to sustain, in my opinion - and based on historical charts. If the AGM deliver good news ( it may not ) or an update at then end of June delivers good news ( it may not ) then the price has a reason to hold or continue to gain. At present, other than speculation and hope, there is no reason to suppose this rise will last ant longer than many others we have seen - although the underlying trend is always up. So I sold 50,000 shares at 28p, as I have said before, to retain some profit, Still holding 175,000 in case the rise is inexorable - I hope it is, but if not I have �13k ready to buy some more shares if the price goes low enough ( it may well - it may not ). You win some you lose some.