RE: 5 year downtrend is now reversing according to my T.A8 Aug 2020 10:55
Re Swazers : I believe this stock has recently reversed its macro market state and is now attempting to trend up. I have been tracking it for many many weeks. Across multiple times frames. BTW I call multiple stocks over here & on my twitter. The recent macro market downtrend started on the 23rd of March 2015. I am confident it has recently shifted to a more bullish market state.
Swazers the only reason this is going up at the moment is because of 3 prospective bid offers to take over the company not due to any reversed macro market state. Where the share price will end up will be based on bid war , or worst case scenario bidders pulling out. Charting in this case is not important. You seem to like to turn up on shares that have risen and claim you predicted it. Its like me getting up on a sunny day and saying I said it was going to be sunny. I do not dismiss that charting can be useful.