Member Info for lejjb

A very strong bullish indicator.
https://www.investopedia.com/terms/b/bullishengulfingpattern.asp

Next: MW charged for market manipulation and 10 year jail sentence for Carson Block maybe?.... = D

Watch this fly my pretties!

I look at fundamentals as much as charts. Those who only look at the former are deluded or lying IMO.

They are good and there are bad lawyers.
Anyone should look up Freshfields Bruckhaus Dehringer, the English (since Scotland has a different legal system) firm employed.
They are one of London's Magic Circle (just 5 of them in total).

I note that MuddyWaters has not officially appointed anyone....

I disagree here, as it's no binary play like a small oiler: all the information is out there already, it's more sentiment driven as the existing info gets interpreted differently every day.

Amen.
People make up chart formations etc. to suit their hopes, dreams, or attempts to manipulate others. There aren't always real clear signs.

Not really, or it would be a very distorted and incomplete M.

Never make assumptions about future large buys etc, it's a dangerous path.

We are not really in a negative trend channel though. More some sort of pennant or a triangle with a horizontal base, depending on what you look at.

(sorry "over the past 7 days"... 10 days ago was the mega MW-engineered drop...)

Still taking into account my (tentative) charts of yesterday PM turned out wrong, we have a hammer-like shape on the 30min candle, and are roughly around the last two lows over the past 10 days. Technical bounce appears likely now.

No. People just query whether it is overvalued.

Me too. I'm very surprised.
Anyone's guess could be valid at this stage...

PBateman - they do have to do more clarifications here, agreed.

GH - welcome to AIM, a cesspit of manipulators and fools.

The SP leapt between 10:12 and 10:14 compared to a very small number of trades at low value. Worth keeping a close eye.

At an SP of 790, so undoubtedly buys. So 755000 shares bought in the past 45min for approx £6 million.

Updated chart, now on the hourly: a pennant seems stronger than the other.
https://www.tradingview.com/x/OCRFrXBL/
I think we have reached, and bounced off, the bottom now.

Logged 16:13:27 at 795.3p per share.

gggg21 - TENTATIVE chart here:
https://www.tradingview.com/x/J12smzvx/
A flag and two possible pennants are about to join. That could be interpreted as bullish or bearish, but considering that BUR is on the PR / news offensive, I'd say bullish. But that's not sufficiently clear for me. I'd like to see the last 4h or 2h candle be a hammer today...