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On the 19th January the sp touched 38p and less than 2 months later we are sitting over 250% higher than that. Those who expected an 800% (£3) rise in that time need a reality check. It could have happened and would have been great, but to EXPECT it and be disappointed that it hasn't happened is freaking nuts. Just because your average buy price is £1.50 or £2 is irrelevant, the share price needs to be judged by where it's been not where you bought in. Even if it takes until December to reach £5, would that not be a good return on your investment? Would it be more than you would earn in an average year/5years/10years in your day job? 6 months-1 year is not a long time to be invested in a company, it may feel like it because of your expectations but it's not.
13% up last week and 19% up this week, so let's not go into meltdown/panic mode if we move sideways or down next week. I don't think we will but it's ok if we do. We just need to close over 160p and I think there will be no looking back after that. We're nearly there.
No idea about timing or valuation until we know more details.
dusterinmong desperately looking for validation on the IOG board.
Jay - No, it hasn't been fast. So is it Divoc, the company, that you think is making the website or India, the country? Don't get your comment.
What's that supposed to mean Jay? "India for you"
10% up on Friday's close, I'm happy.
We had news yesterday.
NathaM is the new dreamachine (or maybe the same one). Both tragic and hilarious, I wouldn't filter either of them.
NathaM I guess you couldn't answer my question yesterday to back up your prediction. We'll stick to our charts and you stick to your graph ;-))) lol
How many times can one person change their predictions and the parameters of their predictions before they accept that they are not predictions based on anything and just the price they are willing to buy at?
It's all just words at the moment, the market doesn't care what's on LinkedIn or what some **** on Twitter posts. We just have to wait patiently for something tangible to be reported officially. I'm not saying we can't get a bit excited about info being uncovered but thre reality is that it don't mean ****.
Hi Somnamna, yes understanding fundamentals tells you what you need to know about the company and is obviously very important, but technical analysis allows you to better plan your entry and exit. You need both in my view.
DaggerMal start with the basics, understanding support and resistance, drawing trend channels and understanding basic candlestick patterns. Once you've covered these there is a wealth of information on YouTube alone for you to sink your teeth into.
Hi, I see it going to 90p as a harmonic crab pattern is almost complete. I could be wrong, but that is where I will be looking for a reversal. My targets would be the green boxes. https://www.tradingview.com/x/Fqqu9GnH/
Ok, so those who think there will be a raise, can you explain why taking into account the cash held at the end of October, known cash burn, etc. I'm not saying you're wrong but if you could back up your theory with some workings out we could have an actual discussion about it.
The price action tells us nothing (regardless of published buys or sells as you see these inaccuracies and discrepancies all the time), this is a perfectly almost by the book retracement and consolidation pattern that has occurred over the last couple of weeks.
Hi Preefty, whilst you are correct about the divergence being bullish, if your measuring the highs of the sp you need to compare it to the highs of the indicator and when measuring the lows of the sp you should measure the lows of the indicator. Bullish nonetheless.
MREX got spiked lol
Guy - you should probably be more accurate with your numbers also re. the share price. Saying it's falling everyday is not accurate. On Monday it closed at 111p, on Tuesday at 116p, on Wednesday 111p and right now we are at 111p. Sideways is how it's really moving. I'm sure you already knew that though.
No life and occasionally no internet
Yes, i didn't check the ask and bid just saw the UT price of 117p.