RE: CHARTS -T LINE TIPS24 Aug 2016 08:32
A POSTER ON THE 88E board posted this interpretation of my chart which I believe sums up the present position. see below.
'The share price normally consolidates and then moves on nicely each day. Those of you that trade using Charts, should understand a formation of J is happening. So, you can fully expect a nice rise to come. There are always posters on a BB that have an obsession with RNS, can’t understand the logic (Unless you are planning to sell?).
Good news is , we are on the next leg up, so down side is limited. I also trade using T line, so was quite upsetting to read the posts yesterday. Majority of Traders in the city use Charts to make an entry or exit. Once you get the hang of it, its not too bad.
My targets currently are 3.0 - 3.5p range in the next few weeks'.
he also highlights in his share blogg the following. Have not had a chance to check the chart yet. dyor
'KEFI
RE: volume
Mon 14:50
Afternoon Gentlemen,
Great time to buy, SP has been trading sideways and has formed solid support around these levels. Indications are a test of 0.8p in 4/6 weeks time. On the right news, you can expect a breakout towards 0.8p.'
Good luck investing.