RE: 10% drop? - Who let the dogs out? - Who? Who? Who?25 May 2021 22:10
Before today's drop, SLP was in a bull flag and was set for a breakout and continuation higher...right before the last minute slump to 115p today. Why the slump? I really have no clue either. Either it is related to the possible "Chinese intervention" I am hearing...or a wider market flushing. Many FTSE shares also dropped minutes before close, I see a few small-caps being battered right before close, especially those not related to precious metals. Tomorrow will tell...if this was just a pointless sell-off then expect a nice bounce gap and a sort of "re-adjustment" tomorrow. Those cheap shares might get snapped up pretty quick.