Member Info for MasterRSI

A very naughty move by the MMs, a couple of buys, and a 1p spread 8 v 9p after already being large at close yesterday.

The real prices paid are much better 8.311 v 8.639p

The Closing Candlestick today is a BULLISH ENGULFING

Characterized by a prevailing downtrend on the chart, a long white candlestick appears covering the black of the day before.

BULLISH ENGULFING... https://i.postimg.cc/P5Yt4bb5/Screenshot-2023-10-08-at-7-19-27-PM-1696764829587.png

EEE 1 month chart... http://uk.advfn.com/p.php?pid=staticchart&s=L%5EEEE&width=400&height=315&p=1&t=1&dm=2&vol=0&cb=

Finally the move up again 8.20 v 8.50p

The pause on the share price this afternoon, it gives me the idea that a new amount as "sale" has been placed with a MM, and it will only move, till the full amount is liquidated with buys, just like this morning.

7.65p +0.15p Finally has made the move up, There was a Selling trade at 7.435p for 2X500K since yesterday, now reported.

It seems ready to get better soon after all this pause.

I hope you were aware of the trades today. There was a MM with some stock ( no idea were from ) and slowly is making pay more for the buying.

spread the sam 7.40 v 7.60p

Earlier one could buy below middle price 7.472p and selling at 7.422, but now is over 7.54p for buying.

The pattern has changed for the better, as the share price is not falling as low as before on the time of profit taking by some or a few sellers needing money to pay for other things.

5-day chart .. https://uk.advfn.com/p.php?pid=chartscreenshot&u=QUOn4IL59qcw6oXp7wCNJKek6AjyApgH

Surprise surprise I have found more positive things on the chart

1-month chart with comment .. https://uk.advfn.com/p.php?pid=chartscreenshot&u=lOIlJyf%2FZRFeMPQER283xcs%2FQzXkeWZz

7.35p has been support for the last 3 days

3 days chart with comment ... https://uk.advfn.com/p.php?pid=chartscreenshot&u=t5ZnYoD9C7WRHmiedwYIKJFNRTjP%2FJX8

The 2-day chart, yesterday bounced also from the 7.40p offer

http://uk.advfn.com/p.php?pid=legacyintra&epic=EEE&type=1&size=2&period=b&freq=1&ind_type1=0&ind1_1=&ind2_1=&olx_1=&scheme=&delay_indices=1%20thums%20up%20%3Cimg%20src=

The longer chart shows around those prices there is a 61.8% retracement and 7.40p offer is also the low yesterday.

61.8% retracement is the KING of retracements

Last night chart ... https://uk.advfn.com/p.php?pid=chartscreenshot&u=Ew3aH%2Fyok%2FFPtIWZKog6rp%2BIzY5WXNQ5

There is too much speculation, but the truth is in the pudding, but there is a problem: there is no "Custard" on the side.

The 500 trade has been busy and now is for the 7th time 8th and 9th time

Plus 1,500 in between

15:50:19 500

15:51:31 500

15:51:35 1,500

15:53:23 500

15:54:49 500

15:55:55 500

With buyers around early, is not strange to see the share price on the rise, as the spread was very narrow at close yesterday.

They are not cheap like this morning any longer 250 v 255p+16.50p mind you the UT yesterday was a giveaway that today is going to go better

That is great buy 10K and volume is moving into a good expectation for the neckline

15:13:26 - 266p - 10,000

chart with volume ..http://uk.advfn.com/p.php?pid=staticchart&s=L%5EBOOM&width=600&height=205&p=1&t=1&dm=2&vol=1&cb=

That is another of over the normal buys lately 5.5K

11:25:40 - 264.50p - 5,500

Slowly is warming UP with a few buys now and the last one paying the full offer 255p and bid gone to 2.50p

250p

Rising late on Friday and making an INVERTED head and shoulders

The inverse head and shoulders signals exhaustion among sellers.

Chart with comment ....https://uk.advfn.com/p.php?pid=chartscreenshot&u=FgSbMBDtiTc8qgrgVKvfbgQejQnlUKm/I6ZAI6HyI%20U=

The options were awarded today or yesterday, why are they looking for the share price being lower so dates over a month ago .......

Yesterday news .. https://www.lse.co.uk/rns/IQE/iqe-options-issue-directorpdmr-shareholding-nnk77xofs4lmtlq.html

"The number of options awarded have been calculated based on the average volume weighted IQE plc share price on the three trading days preceding 22 January 2024. The Options will vest in two equal tranches over two years subject to continued employment.