I am not sure what people expect here, anyone who has been in longer than 5 minutes will know that this one takes a certain level of patience.
The potential here is staggering, the moves we have seen since the start of the year are only just the beginning.
Have faith, relax and you will see the true value emerge here.
If you cant wait that long then fine, sell up and move on. Most people on this board can see further than the end of this or next week and will be rewarded, just all in good time.
https://ibb.co/kGBDLBF
Not a very exciting day, If you use the above link you should be able to see the daily Chart, everything still signalling a BUY.
Have a good weekend.
Prices go up, Prices go down, its what happens.....There needs to be a market!
Focus on the long game here, not the daily fluctuations, admittedly its never nice to see your 'paper profits' decline but if you are prepared to wait then you will see the rewards here. This is not a P&D, this is the real thing the best opportunity I have seen in a long time. I feel de-risked here and I am very happy with my position, for me its not a case of 'if' its just a matter of when.
FWIW - I see 3.35 as the key pivot point, everything looks good here, yes its still overbought on the RSI but everything is pointing upwards. You only have to look at the spread to know that they are just messing with the price ATM.
Chippy, if you look at the 4hr chart as an example, Pivot point is @ 2.744, 1st resistance is @ 3.07 with the first support @ 2.42.
It literally went down to the pivot point and bounced back up...If you look back this is exactly what has been happening over the last week or so.
I have actually increased my average over the last week or so but long term I am not concerned at all, this is only just starting.
JD, link here; https://www.google.co.uk/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/223514
Hi Guys,
My first post so please be gentle!!
Going through and reading all of the comments here, in my opinion it is clear that some people have either a) invested more money than they could really afford to lose or b) Over leveraged themselves on a spreadbet and are now going into meltdown as the price falls back.
Just for your information, I am invested in GGP and obviously wish for the price to go go back up
The reason for my post : I have just checked the 30 minute chart for GGP and as of 1530, we have just had the macd cross back over at the same time we have a Dragonfly Candlestick formed. I am not sure if you can really believe the charts in turbulent times like these especially on the AIM market but these two signals usually mean that we could have a change in direction. I am still to check the daily and the hourly but this is what I have found.
Thought I would share for those who are panicked at the moment with the fall, we will have to see however if these are significant indicators or not.
Always DYOR.
Thanks