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I last posted 10 days ago hoping it would hit 30 again but it hasn’t moved a bean it virtually is the same price alerts on up one% down1%up down 1%up down 1%up down 1% zzzz US market way more fun with the big guns over there.
The drip down on sp continues and heading for a triple bottom and a good buy in if you’re trading it although you guys are way to busy squabbling it is just a case of timing where that bottom is and wait for the breakout not enough volume at the moment big Mike may move in low 30’s again and help to send it to hit 40p again .On another note you know the lunatics have finally taken over the asylum when Hunt is begging a Chinese company to list in UK wtf has he not read about the hacking of millions of accounts and human rights issues with that mob .
i did say this was unlikely to clear 40p and slow decline since was predictable as it needed volume now sunk below the 50 dma again the 200dma may hold it up at 35.3ish if not i would expect big mike to move in again at bargain basement ,hope so this is good to trade low 30 ‘s as sure as a bear ****ts in the woods it will bounce again to 40
Strangely there was a golden cross here but sp went the other way and hit 33p and a great buy in price bounced nicely from there I said early today it was struggling to break 40p and sold out again ,staying out for now as It can’t hold 40p it seems but maybe big MA is willing to splash out at this level be interesting to see how it pans out tomorrow.
Golden cross taking place
Not sure why anyone cares what Kumani does with his money , but I am not sure why anyone cares about other posters supposed losses on any share either and feels the need to remind the bb repeatedly about it ,it reeks of being bitter over their own losses ,some call this a dog of a share up 21% in a month 29% in 3 months up 14% in 12 months some dog I could give a list the length of my arm of some real dogs.I called the bottom here a year ago 30p while some were calling low twenties last trade in 29p sold on the strike of 40p only because I always take profits just strictly business ,40p looks like the old 30p until the next update this month and should be a good indicator of where its going IMO