Just wondering if anyone saw the massive buy order that was filled yesterday? 214,000 buy at £1.10. Explains why the brakes were on here and what the MMs were filling. As restrictions are lifted you will see this move back towards £2-2.50
Poker Mtro hit £2.80 and I sold as soon as CV became apprent and took just under £2.There is always value - you just need to look at it and this one is an example.
Consolidated around £1.10 and expect this to set off again, as we expect easing measures to be annouced by Boris on Sunday. Monday could see a big rally on the FTSE with aviation being one of the front runners.
I think this is where it is going. It has been held in a range today - wait for the out of hours buys info. Also watch oil climb - results supporting a bullish move
So taken out a chunk of sells and now brent has popped back up above 30 - personally i think we are in for the next leg higher. Nothing goes up in a straight line.
Little shake along the way to get some sells and trailing stops. MMs played this well, now wait for oil data later, smaller than expected build and then check back here.
Oil heading higher can see Brent pierce through $33 this afternoon as oil builds will be less than expected. Countries are buying and storing on supertankers at these levels - major correction here. I think a big buy order being filled.