The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Not today then
Glad I sold my holding at 196. Hopefully buy it back at 120. What luck
It will close the week next at 68.9
Downtrend channel broken to upside. Was in place from 160p. Didn't quite reach the 100p I noted last time but did come down to around 108p. I am expecting a move now to late 120s which would play out a double bottom. At 130p we will hit the under side of the major multi year uptrend channel we broke down from. Let's see what happens then. Exasperated shareholder. This is my largest holding
And back down again
Agreed. Ridiculous scenario. Shareholders ripped off again
Massive holding here and can't believe I'm not rolling in it yet. Technically looking really poor. The long term trend line I spoke of was broken. We rose to it and fell away. Also a smooth pair of downtrend lines from 160 in play and usual rules playing out. Also a falling wedge is evident, now this can be good and it terminates near 100. This is also where 200 wk moving average appears. Are we going to 100 I ask.
Indeed. Never in all my years seen anything like this. Now breaking below very long term trend line. I have stocks in my portfolio which are not as good as this company but are on significantly higher ratings. I suppose if one day it breaks higher it will be rapid. But since it's taken so long there will be a barrage of selling on the way up
Make or break time. Long term trend line off the lows of 40p now in play. I hope it has bottomed here.
All time share price low this morning
Fund raise coming
This looks very poor chartwise now. Must say I'm a little concerned that my largest holding in my portfolio is not going anywhere. Wedge break on chart is only a few pence lower.
Jam tomorrow story
Only one of the fastest growing companies where the share price goes opposite to growth probably.
Available on their website. As expected. Very good
Wonderful results. Share price should rocket but this is Cnic. Probably will end the day down.
Have built up a large position in this over the last year or so. Originally bought in at 80p. Despite good results and tipped by everyone and their dog still nothing like a good valuation. Double would still be cheap. Is there something we don't know. On the charts a long term trend line from 2019 at 40p comes into play at 120p. Also concerning is a rising wedge pattern across the last two highs. If 120 is broken then we have lower to go. I pray not. Rarely have I seen an instance like this.
All time highs. Been waiting all year for this and on the last morning of the year horaah. Looks good for 2023
Looked like a profit warning under a veil. I think BATM has a good outlook into next year. Will buy more if price goes lower. A look at the monthly chart shows trading between 15 and 20p prior to the last rise.
We all want a bottom in this but I'm looking for 16p as a possible target before I commit more funds. Daily chart shows an established downtrend with lower slope at 16p. Not saying it will get there but then I will wait for a divergence first, there is no sign of that yet