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Looks like the Golden Cross is on the way 50 days MA crossing up 200 days MA

chart... https://i.postimg.cc/52Kv74W5/p.png

Finally, the share price is moving in the right direction

The buys continue and the last one 110K, which is well over MMs size
INDICATORS well at oversold territory
Indicators chart... https://i.postimg.cc/yYYBR389/image.png

The early mark-down this morning was a way of seeing if buyers would return or sell further.
The buyers took their time but eventually did and now are pouring in with large size buys.
Volume buying will take the shares back into the positive territory and eventually into the bounce much expected by the shareholders.

The 30p support was broken and more today also to 27.75p, and that was a 76.4% Fibonacci retracement a maximum retrace and a strong bounce since.
intraday chart.. http://uk.advfn.com/p.php?pid=staticchart&s=L%5EGDR&p=0&t=14

Some have been lucky and able to buy at very cheap prices.
Those that thought they missed the boat I suspect.
Prices improving at both sides 1960 v 2000p now

Higher prices are being paid all the time after the mark-down earlier

Everything going to plan as the buys are now pouring in and in bigger size
spread 30.50 v 31p
Support was helping also at the lower price earlier...
support chart... https://uk.advfn.com/p.php?pid=chartscreenshot&u=HfybkUiPBrLEZ3XVmO6YTUVV0bxmEOF1%2BOZugFTSmf4%3D

Finally, the 30.50p offer is gone after a 30K buy at 30.75p
the bounce is on

Level 2 improving
and also 30p on the bid now

from the "UPS" thread ....
29.75p ( 29.50 v 30p )
Had a very large retracement since 61.8% and usually bounces at this point. Level 2 improving and paying now full offer.
Chart with Fibonacci .. https://uk.advfn.com/p.php?pid=chartscreenshot&u=ue6xTaifibVyxdcCrH9OF%2FRLZy7F0RumNXeuy%2BIH3yo%3D

Market Makers games are part of the reason with the drop today.
Mark the shares down, some investors panic and sell, then fill your books and then reverse the tactics, mainly is what is going on now

Plenty of late trades that got the bid up to 2040p v 2050p and broke the previous intraday high of 2040p last Friday.
The UT is still better 2050p
Looking forward to Monday's update
chart... https://uk.advfn.com/p.php?pid=staticchart&s=L%5EBOOM&p=1&t=14&dm=2

Maybe so far not much of a move up as some were expected but a +15p is most welcome ahead of Monday's update, still 15 minutes to go for a bit more maybe

Nice to see a good afternoon trading on breaking 94p again
Some large-size buying, I see on the last few minutes 2x30k and one 25K buys
and order book strong on the bid side

The Bottom Line on using Bollinger Bands

Buy when the SP is at lower Band or under
Sell when SP is at top Band or over

Example... https://www.cityindex.co.uk/~/media/forex/images/education/articles/technical-analysis/bollinger-bands.jpg

Well, maybe there is going to be another chance to buy cheaper than earlier on....

Profit-taking is going on nothing special if considering the share price has run into a higher territory than should be in the short term.

Yes SP has gone over the higher Bollinger Band, and at this stage, the norm is to take profits.
Indicator Slow Stochastic also wants to move lower
Spikes do not last and PIRI has done that in 24 hours

Chart with Bollinger Band and Indicator Stochastic ... https://i.postimg.cc/G2d7M3Y4/big.gif

We have reached level at the moment but the MM at offer does NOT want to move from 2030p, despite everyone paying full offer the last few trades of around £4 to £5K

And another spike up to 6.30 v 6.60p +0.60p (10.26%)
and that is a 2 figure % rise
Intraday chart https://uk.advfn.com/p.php?pid=staticchart&s=L%5Epiri&width=300&height=295&p=0&t=23&dm=0&vol=0&cb=

6.15p +0.30p (5.13%)
Doing well on the charting front as the last 5.95p point is broken and now a clear path to around 7.50p.
Chart .... https://uk.advfn.com/p.php?pid=staticchart&s=L%5Epiri&width=500&height=300&p=2&t=1&dm=2&vol=0&cb=