its had 3 attempts Tuesday, Wednesday and Thursday to break 52p so I would say that a breach of that will be the green light for the break out IMO.
and it could well be next week.
Mr Bluesky
thats exactly my position here.
I have a seperate trading account for my gambles
I don't bet on horses......just high risk shares once in a while.
Mr Bluesky
This predicted break out is by no means a for gone conclusion.
I study charts and it does look like a classic break out parrern is setting up.
so we shall see.
Mr Bluesky
A drop back under 48p and I would be a little concerned gut all the time it is trading above it then the break out is on and any time now.
Target on break is c.70p then 100p and longer term c.200p so when this pops it could yield well.
Do you have the balls for it ;)
Mr Bluesky
when this broke over 100p I was prepared for a breather in the rally we have had.
This is it now IMO so don't be surprised if we get a bit of consolidation for the chart techs to cool down before the next leg up.
Mr Bluesky
I would say hello but it looks like no one is in.
I have bought into SHI today for a trade as I believe it is close to breaking out for a good rally.
We shall see.
Mr Bluesky
I believe that AQP is days away from a massive break out up in the price.
Are they expecting any updates or news soon that would cause a jump in the share price?
Mr Bluesky