Member Info for MarkBellUK

OK so from a chartist perspective we need 240 to hold as support. As 240 was previously resistance, the 240 flip from resistance to support would be a confirmation indicator that the downtrend has reversed and its not just a retracement. Its never 100% as its not a science but you can narrow probability down significantly

BUT where's the update when you need it!!!

i have resistance at 292 then 380..scratch that if a good update happens

??Front page The TImes:-

Pfizer’s Covid-19 vaccine: ‘Normal life by spring’ after jab stops 9 in 10 infections

Front page FT:-

Covid vaccine breakthrough brings boost to battered global markets

• Pfizer-BioNTech drug proves 90% effective • Emergency approval sought • Travel sectors soar
FT REPORTERS

Im more than happy with 13% and if get a strong trading update its a beautiful precursor to create interest

Pfizer vaccine found to be 90% effective vs covid

Pfizer vaccine found to be 90% effective vs covid

Short/s starting to close???

2 Brokers upgrades this week though..Liberum then

SHORE CAPITAL RAISES GLAXOSMITHKLINE TO 'HOLD' ('SELL')

#SweatyShorts

>Will wait for £14.75 plus to bail. Rinse and repeat.

I think you are selling cheap at that mate

133k/97k is a better ratio that we have seen for some time....we need volume but starting to look good....hopefully the sellers /borrowed shares are drying up

Opul could be right at last ;)

Played like a fiddle by the short funds for as long as they can..the good news is they are running out of time

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LINK =
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The downtrend is definitely losing momentum, but Im not getting to excited yet even though everything now showing oversold (even MFI & Stochastic oversold /w bullish diversion)

My FOMO would have me buying in now (if I wasnt already) but my paranoia would be waiting for a clear indicator of reversal

Doh!

School boy error..2 in spam lol..thanks Cam

> Though, when you only have bad news, perhaps it’s best to keep quiet?
There are strict regulations on when you can put of Rns's

And to be fair the last decent RNS they put out has seen us drop for 311 to 214

Its all about the short funds

However the chart is starting to say we may be bottoming (part 57). If I say that enough one day Ive got be right ;)

Cam computer says no?

My guess is that a short fund is using the opportunity of the "in-line" update and hence a weak quarter to add to their position (on the one hand they say gradual reduction but the numbers say circa $50m when I have $150m+)

However I think this quarter is looking like another BIG one at this rate looking at the VIX and up coming "events"

Cam nothing has come through mate?

Olda I think you are right, it could test the March low 1236 or bounce circa 1250, or drop lower, or move higher! Who knows. What I do think is that it will turn at some point and at any price under 1300 its value (PE 11.1 EV to EBITDA 10.12 Price to Sales 1.89 Price to FCF 11! etc etc)

So I always prefer to be in than trying to guess the bottom and end up not in. Of course you have the pain of the loss then but hey ho