Bulls in charge!!!17 Aug 2018 11:56
The bulls are very much in all over this , look at the consolidation and price action, so what does this mean ?
Well , according to zaks charts the ma could be tested and therefore we would be looking at our next movement back to the 1.4p level, easy money I’d say, since this was the level when we received new ceo news and was since shorted from here.
Therefore, it is fair to say that is where this should be heading with the bulls in control , especially looking at the buying and lack of stock.
We now await following the run to 1.4-1.5p , the next tranches of news which I hope will focus on more management change , growth plans and contracts which if they land short term could see us at many multiples from the current share price.
Bulls in control here for sure based on price action . Gla