Member Info for Motherfaker

We're not down kay786.

I bought TILS today as well for a trade

The bullish harami will only be confirmed if it closes above 119p tomorrow.

Possible reversal here at 98p, Gartley harmonic pattern. https://www.tradingview.com/x/qa382389/

Hi Phil, the handle can retrace up to 50% of the depth of the cup. 50% here is 99p, so if the price closes below that we can say that it is no longer valid (but I still wouldn't be worried, not all patterns work out as expected). Let's hope it stays above. When it does rise, a close above 160p for 2 consecutive days would be considered a breakout. https://www.tradingview.com/x/xVX24bb9/

Yeah, he knows everything but can't figure out how to access the internet on his phone.

Those who bought in above 140p will now be worried, but really there is no need to be. If you believe that big sales numbers along with POC, approvals, etc will happen then wait a few weeks and you'll be happy. Remember the sp was in the 40p-60p range for nearly 3 months, we've only been in this range for less than 2 weeks with the overall picture looking a lot brighter.

Out of interest, how many of you bought in after seeing posts like "last chance to buy under £2"?

On another note, that cup handle is still coming along nicely and the stoch and MACD starting to cool down. https://www.tradingview.com/x/UPnryo6n/

Northeast14 unfollow anyone who writes cr@p like that. Unless he's David Budd he hasn't a freaking clue what's going to happen or when. 2 weeks...hmmmm...giving himself a pretty hefty berth there isn't he. Tool!

This is very interesting....in the words of the learned scholar Austin Powers "Yeah baby!"

I wouldn't say bad day at all, everything still looks rosy to me. It's just normal downward and sideways movement until we get news (with the odd blue day here and there). Just wait and ye shall be rewarded.

I would say there's no need to panic unless it drops below 113p but then only a slight panic. If 99p breaks that is when the real panic should set in, and 85p would be full on panic mode jump overboard

The handle on this cup is forming quite nicely so far, so a bit of sideways and slightly downward movement over the next few days is very welcome so those indicators can cool down a bit before more rapid upward movement. All news dependant obviously. All just my opinion.
https://www.tradingview.com/x/KjXaB1Xk/

haha very true

Islandgirl, that will be the relentless written diarrhoea from the board bully

ST - when was the last chance to get in under £2 again?

The handle is the retrace from the high point of the formed cup. It can retrace up to 50% (but don't think it will do that, flipping well hope not) or can be very short. The breakout is considered the high point of the cup (160p) and it's projection is the depth of the cup which is 160p-38p=122p. So 122p+160p=282p.

For anyone interested, a possible handle (hopefully a small handle) forming on this big old cup.
https://www.tradingview.com/x/7coXkzYH/

A month ago a -2% was seen as a great day! We've come a long way since then so price needs to cool down a bit. 130-140 over the next few days will be good.

Just been doing a bit of TA studying on Fibonacci price projections that uses the relationship between 3 points to give possible price projections and thought I'd apply it to GDR. I've used the low of 6p, the high of 302.5p and the subsequent low of 38p. Going by the book, the projections are 1 (334p-516p) and 1.618 (517p-don't know because I can't see that high on the chart lol).
This is just me playing around with what I'm learning, and obviously what happens here will be news dependant but will be interesting to see how it plays out with the above in mind.
I've had to zoom out all the way just to see the projected zones. https://www.tradingview.com/x/F1rJiwcf/