The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
It's because recently this bb has been made up of 90% negative nellies.
It is indeed excellent news, very positive. Upwards and onwards.
Fair enough Lovejoy22, I see your point.
I don't support any team here, just myself, but will comment if I think there are comments that don't seem fair. I just want me and other GDR investors/traders to make money.
Now that's what I call progress! Lol
I'm also pretty sure that this is on the verge of a big old squeeze, the trading range since 9th Nov has got tighter and tighter, and this is the 3rd time we've hit the low of 45p (triple bottom). This is all regardless of approvals, sales, etc, however one of those things could be a catalyst.
I think it's going to break out of this triangle one way or the other, hopefully up.
https://www.tradingview.com/x/a76orfaE/
I wouldn't read too much into those buys, that's chump change to some folks
Gap is between 17th and 20th April (weekend)
dreamachine and allah4uk - 2 very sad individuals who I am not going to even engage with to pick apart their hole filled scare tactics. Pathetic and probably the same person.
Any of the ramp squad using religious digs at allah4uk, you're just scum. Stick to the topics, he/she has cleverly brought out the true colours in you.
I only post here to give a technical perspective and to me it seems that the price was brought down to this support level (see chart) to take out as many stops as possible and to fill a very small gap between 17th and 18th April. I think it will more likely go up, and have drawn 2 channels that it may follow (up and down). Will possibly be dropped a bit more (remember the market wants to f00k as many people as possible for as much as possible) before a spike when you least expect it, or everyone realises pretty soon that testing is still very much needed with or without a vaccine.
https://www.tradingview.com/x/9gdl4KK1/
JohHenry, I'm going to wait to see if it bounces of this 118-120 level before buying in. Bit risky still.
JohnHenry, so you bought because you think the sp may go lower?
Estimates will depend on whether you are a realist or a fantasist, the truth is the mms will take it where they desire when they desire.
The price is trending upwards within the channel and will hopefully continue to do so, the stochastic is entering the buy zone so should entice buyers. On the 4 hour chart the 8EMA has just crossed above the 21EMA which is also a good sign that should attract traders. Basically the signs are good. Just my take on things. Please, continue with the handbags.
https://www.tradingview.com/x/ZlKMaxJY/
Quite startling how sad you are. NCYT is an amazing story, but this is the GDR board.
Drmichaels, so you are still in profit but have accepted that you will lose money. WTF?!?! You know that you can sell don't you?
about dipping my toe in here...I don't know about any big seller, but there is definitely a tiny buyer out today
Magsy, I would say you fall into the manage expectations category.
Firstly, chartwise all seems to be playing out as it should so all good. Nothing to worry about at all.
I don't think anyone can argue that we are a step further along than we were yesterday. I note the negative nellies today... they are either deramping for whatever reason or really just need to manage expectations. If you are a deramper then fair enough, whatever floats your boat, but if you are not then you really need to manage your expectations. It's not easy to do especially when you're underwater, but share prices rarely go boom when you want or expect them to. If they did then we would all be billionaires!
Maybe because it is part of their strategy, they have fulfilled their criteria...nobody knows apart from them?
This is all playing out perfectly well. The chart shows that the sp is following the upward channel quite nicely. For the last couple of days the sp has entered overbought territory hence the drop back (stochastic is now back in the buy zone). We should see very heavy buying around the 120p mark.
I think we all know that timelines given by companies are estimates, usually underestimated. If you are confident it's coming then put on your big boy pants and wait it out, but if at all unsure it's best to sell up.