Member Info for Momentum5

Agreed ITM's rise of 42% on Friday 17th April was massive but that was on the back on completely game changing news for the company. Not only the potential of a massive future revenues but adding defence sector application.

Please don't get me wrong, Ceres Power rise is great and fantastic for long term holders and there has been positive news. It's just now, if I had new money to invest I would worry more about putting it into Ceres Power at this price.

Ceres Power share price rise does concern me. I'm not invested in it and it is great for all that are. I am sure long term it will do very well as this is the sector to be in. However, I personally think ITM is a better investment and I prefer the more steady consist rises ITM is having. I think it is far less likely to have a dramatic pull back.

Shorts are getting absolutely finished. They are cooked. Unless they are completely mad they are going to be rushing to exit. It will be very interesting to see their positions this week.

I love this share ❤️❤️❤️❤️

Regarding the issue of the recommend button not working, looks to be a browser issue. Edge worked fine for me so I cleared my last 7 days of browsing data in Chrome and now that's working to.

Lovely. Happy with that close for a quiet day.

Seems there is something wrong with the recommend button on the chat. I have tried to click it a number of times but not working. Maybe it has given up today 😂

Sorry meant to say "without much changing". Please excuse my dyslexia.

Sorry I was rushing and the wording was not perfect. Instead of "not much changing" what I should have said is "if the trend stays intact". Also 14th May is worst case as I see it, i.e. that will be the low. We may spike past £2 next week easy. Have a great long weekend all.

I will need to look at the hourly chart this weekend and let you know. I'm about to go out.

The main one I'm looking at is the daily candle chart and I have pulled the bottom trend line down so that it catches the whole of Monday 13th candle and then it includes fully this Wednesday, Thursday and Friday. In summary without much changing I think we will be at £2 around 14th May. It could come much sooner but that is without new news. Each day is new info so let's see how it plays out.

Personally, I think £6 (and higher) is coming, it is just a matter of time. I am patient, I have no intention of selling a signal share until we are north of £5 and then I will review the news flow etc. as I may decide at that point £10 is justified.

Massive transformations are coming to Hydrogen adoption. The NATO use case has completely changed the landscape adding defence sector need to this. So, in the future it may not just be NATO knocking at our door. The long list of reasons to invest in ITM just keeps growing and growing.

I forgot about the bank holiday on Monday so today is going to be a chilled day I think share price wise but next week could be far more dynamic. I truly believe we are just at the foot of the mountain with this and I see no reason for this not to have a 2020-2021 run but this time I don't see us falling back down.

Patience will be massively rewarded with this share.

Monday is a bank holiday in the UK so volume maybe thinner today.

Exactly, not concerned in the slightest. Maybe he wants to buy an amazing house or whatever. Personally I really do not think it reflects badly on ITM.

After the shenanigans of Monday & Tuesday hopefully everyone has seen exactly what they do. They walked the price down and down to collect shares and then on Wednesday they gapped the price up. Really does make me angry but that is the markets for you.

We all know the shorts need shares and they are either heavily in the red or their profit margin is reducing by the day. Don't let them off the hook.

Sit back and know that you have made a fantastic choice. Loads more upside to come, just need to be patient.

I would love ITM to drop an RNS tomorrow. The last 2 Fridays have been fantastic, would be nice to continue that tradition.

Sorry should have said last 2 days with today being the 3rd.

@Digitalis I have decided to zoom out now and focus more on the daily candles. To me there looks to be a beautiful upward channel developing from 8th April onwards. The last 3 days have been touching the bottom of the channel on the highs, lets see if Friday brings us back inside. All looking very positive.

I think Friday could be another strong day for ITM. It might not happen on Friday but it now feels that £2 is going to be happening in a matter of days.

Great post breakofdawn as always.

This is the sector to be in and personally ITM is my stock of choice. It's just going to get better and better. Over time £2, £3, £4 onwards will just continue to be surpassed. ITM is forming a beautiful upward trend, and I see no reason for that to stop.

Down about 3% from when I posted the below, so maybe not going to be a strong finish. Oh well, glad I don't day trade for a living.

Think we may finish strong as US market now open and Bloom Energy is up 26% (not that I hold them). This is the sector to be in.