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It looks like the retracement is done and now looking on the way up, buyers are appearing and MMs are ready to mark the stock higher. The stock is well bid with 25K @ 89.25p and only offering 5k @ 92.
Today's resume of the trading day, how I saw it.......
The opening lower was due to the much higher UT than the spread last Friday, so that was normal or unchanged, but others had a bad omen on their posts.
MMs like to play games but the mark-down I think was due to a MM that got 12K @ 250p when the bid was 255p, and late 15:42 this afternoon he still had some left and wanted to get rid of them before closing ( one never knows what tomorrow may bring ), so he went lower to 260p offer, but no takes at the end so she finish down, though the buy v sell was equal, not counting the 15K rollover. Anyway, the market was lower on both FTSE and FTSE 250 also.
Nothing has changed on the chart and good figures are expected looking ahead.
There's no stop at the moment for Bitcoin has gone over $54,000 just like that
Intraday chart .. http://uk.advfn.com/p.php?pid=staticchart&s=COIN:BTCUSD&width=305&height=280&p=0&t=23&cb=
Absurd is the huge volume today with large trade changing hands, suddenly up to 25.35 and down again to 24.50p.
volume... http://uk.advfn.com/p.php?pid=staticchart&s=L%5ERGL&width=550&height=205&p=1&t=1&dm=2&vol=1&cb=
Bitcoin has finally broken $52,000 with a rapid spike
and ARB is doing very well also 17.50 v 19p +1.80p
BTC intraday chart ... https://uk.advfn.com/p.php?pid=staticchart&s=COIN%5EBTCUSD&width=500&height=250&p=0&t=23
If one is bad the other is not much better. I always have considered "Candy" a sort of a crook, and blames the other -Bonnier - because he has done wrong.
Sign in today, 1st post, and being negative. The Portuguese say "Va fa un culo".
Sandaya - Member Since - 23rd Feb 2024
At $51,225 much higher than this morning's opening
Intraday candlestick 5 min .. Https://tvc-invdn-com.investing.com/data/tvc_7ec76fd7255ab1f425187241f480d8bf.png
All the Indicators are positive but the main EMA is bullish
chart with comment ... https://uk.advfn.com/p.php?pid=chartscreenshot&u=DaeyU0FmgQ6egBPB%20Gu7YdtAZbgIIHNMXL6WBoQgn8w=
Everything is Hunky-Dory on the charting front, after the RNS with 1.20p divi for the Q
chart ... http://uk.advfn.com/p.php?pid=staticchart&s=L%5ERGL&width=600&height=300&p=1&t=1&dm=2&vol=0&cb=
Some early interest on the shares this morning and a good 7.50p rise
But short term has gone up far too fast and on that has gone over the top Band at Bollinger Bands, in other words say overbought
chart with BB ... https://i.postimg.cc/85vnHfyt/big.gif
10.30p +0.55 (+5.82%)- SP did what the bullish Hammer was expected on the chart
note: The retired boys' teacher got the message earlier, though he complain and post deleted, now he can fly to Bangkok and get a D!ck ( covonia throat )
chart... https://uk.advfn.com/p.php?pid=chartscreenshot&u=p%207jlmDkhzkRTIfvwZyTKeNtEcaZA37OBv6Df41kFdo=
What normally happens after a Bullish Hammer
Bullish Hammer view... https://i.postimg.cc/y8dTnzgQ/image.png
The bounce is on as the Bullish Hammer has struck again at the bottom of the downtrend.
chart with comment ... https://uk.advfn.com/p.php?pid=chartscreenshot&u=58%20L0humrdShjGXFs15TNCHiiB2n1pjLE5QE%20JmfND8=
Finally, they let it go. Most likely MMs wanted plenty of volume for the bounce-back
chart with volume ..http://uk.advfn.com/p.php?pid=staticchart&s=L%5EEEE&width=500&height=220&p=1&t=1&dm=2&vol=1&cb=