Member Info for Momentum5

I have AC/DC playing thunderstruck. My wife asked what I do everyday. I just love it!!!

If we find out that the shorts have not reduced their positions, wow! That would be such amazing news. You have to think this is a big order being worked. Anyway we will see. This is very entertaining but long term just a drop in the ocean. Much much higher to come long term.

It does look to be building again. A close above 145p would be very bullish. I am not getting my hopes up though. It does feel like Friday is going to be the day.

It does feel like it is intentional to me. It's to dampen sentiment. In my view it is mind games being played out.

Whoever is selling around 145p they are going to run out of ammo.

She hit it but we have seen that before. We need it to stay above on the bid for at least 30 minutes. That would be good to see.

I'm so ready to give it the 🚀 🚀🚀🚀🚀 when this breaks 145p

It does but the daily deviation is getting smaller:

Monday Low-High 123p-145p

Tuesday Low-High 130p-145p

Wednesday Low-High 132p-145p

Currently today Low-High 137-144p

To me that looks very positive.

I'm really trying not to talk about the shorts, but volume is low today, and we are pushing up.

It was actually amazing news that they did not reduce their positions on Tuesday. That just shows organic buying pressure building and rightly so. They are still hanging in there bless them. Surely there is going to come a point when they throw the towel in. I'm so looking forward to that.

The longer they leave it the more likely we are to get another RNS and we gap up.

Happy days indeed.

Yes, fuel costs are such a hot potato politically, you know that the government will want to do all they can to be on the front foot of this. ITM is perfectly positioned. Also Dennis CEO of ITM holds the following positions:

Industry Leadership: In June 2025, he was elected to the Board of Hydrogen Europe, where he represents the industrial sector's interests.

Government Advisory: He is a member of the UK Hydrogen Delivery Council, advising on the implementation of the UK's hydrogen strategy.

I would say he is perfectly positioned to get HAR2 initiatives.

Share price range much tighter today. Knocking on the door. Pressure building indeed.

I was think ITMs share price is like inflation. We all now it's going up, you can just feel it.

Great post breakofdawn.

Looking forward to another great day ahead.

Great stuff @Digitalis. I am so enjoying being invested in the share. It is great watching this stuff play out.

I know it may not seem like it over the last 3 days because we have not smashed 145p but pressure is building. The RSI is cooling down (good sign after such a strong move on Friday). Supply is getting absorbed and breakout odds are improving all the time. Once we break 145p then targets are 150p, 156p and 164p. That is without news. If we get a good RNS then gap up time again.

I hear you but don't worry it will come. No question and it is better to be in before they do because when they do, wow it will move.

Sorry I have dyslexia that was meant to say deviations.

Spot on and great posts all. You can see that the shorts are struggling. The daily derivations are getting smaller and smaller. Monday Low 123p High 145. Tuesday Low 130 and High 145. Today Low 132 and High 145. She is going to blow soon. If not tomorrow then Friday.

Spot on @Digitalis. Also what is important is the closing and opening prices. They will really try and "manage" that. If anyone has funds just follow their game. If it dips buy some. That is what is going to make them run out of ammo.

Personally I think that games are being played. The shorter need to do this. They need to collect as many shares on the cheap as they can without spiking the price. In my view they dumped some on the open this morning to set the narrative. They are buying any dips trying to not let this go above 140p. I would love for another RNS to come out and this gap up. That would really make me laugh.

Yes, absolutely agree the shorts are just a fun toy to play with but not the main driver. It is right that people want payback on the shorts, and we will get that. They are done, they know it and it will lift the share price higher in the short term. In summary they have had their time and now the bulls are in charge.

Sentiment is a very important factor to. ITM has been beaten down historically from it's £6-£7 highs back in 2021 and there have been justifiable reasons for that. New management has turned the ship around. It takes time to do this and the amazing job that Dennis and the rest of the team have done is absolutely transformed the company. It is only the beginning and what a time to be invested in this share. With a market cap of less that £1b it has so so much upside.

As we know the UK and Europe cannot afford to rely on oil and gas from other nations. That needs to stop. Alternative fuels that can be generated on home soil are essential and ITM is positioned perfectly to benefit from that.

Recent RNSs have been absolutely blockbuster. Massive UK government funding, massive NATO RNSs all absolute game changing news. So much more to come. Could not feel any happier to be invested in this company.

Buy and hold and enjoy the ride.