Member Info for MrSpeculator

We tried the resistance point of 2.15 and now it looks like a tree shake is coming

I be looking for a top up point

Hello LucyJouJou,

Always feel free to ask a question. We are a community here.

Then at least people have the choice to answer you. And a lot of times you will get a more informed answer than just a definition too. But I agree google can help with some of the standard terms too.

Gl all

Hi Brightspark what is the next resistance point after £2.15 then?

If we do steady rises each day like this we be up to £3 anyway in a week!

I got out of bed....Check for any alerts on Avacta....

Then I logged on to my live prices and slowly role down the page to Avacta (which is first on the list after the FTSE, Crypto etc). And I see we have started blue today.

And I ask myself a question...is it time to top up haha

Nice to be in Avacta :)

Gl all

We have successfully held above £2 per share.

This puts us in a great position for the rest of the week.

Any strong news release in the next few days will give us a chance to push the £2.50/£3 barriers and beyond maybe even £4 if we finally get some dizzy rises. I will take gradual rises too.

Gl all

If we can remain at above £2 today then that will be a good day set us up for a strong day tomorrow going into news

The £10K buys are streaming in at the SP high....

For those who were here 4-6 weeks ago we had a block buyer then who backed Avacta on all SP prices up to the SP high

Let's look out for an RNS to see if it is an institutional buyer

Those after a top up - that looked to be 2.05 and 2.06p

Hold your hats as something big is about to go off in the next day or two

Gl all

When I say it is difficult...£2.11 is a good price for Avacta when you consider the market it is going after

But my point of it being difficult refers to seeing it go up and up when you sold out and wondering at what point to get back in.

The good news is that if you are looking to buy and hold onto them for a few weeks there is so much upside at today's price

Gl all

It is difficult. The Ask is now £2.11

I made so many mistakes with the stock as I sold out too many times for part my holding already.

It cost me a lot more than £1500 too.

All I can say is that personally I want to be in Avacta ahead of the next news....and beyond that. The question is at what point you want to get back in

I think everyone would be happy with steady rises ahead of news. Consolidating behind rises has been important for Avacata.

It looks strong that we will get an update on Cytiva tomorrow or by the end of this week on the Antigen rapid testing strips progress. As I believe another poster said before the end of May.

If our distributor says the "kits are coming soon on their website" then I think most people are starting to join the dots on the high accuracy of the rapid test kits

Gl all

MM is Market Maker

Yep Rh619

I have lost count the number of days over last few months where we have turned around a red start day to a steady blue day.

I feel that major good news on accuracy or approvals would take us to bigger single day gains than we have seen over the last few months. Once this share finally frees itself, then we can see how high is is capable of going once people see the plan is actually becoming the reality. As we continue achieve the milestones we set ourselves.

Gl all

Definitely feels like we are approaching news? Why?

- Volumes are strong
- We have turned so many red start days blue it has been great
- There is strong confidence behind the share

BUT THE KEY REASON:

Right now even though they want your shares they are in a dilemma. They can increase this price to get people to try and take profit so they can grab your shares on the cheap ahead of news. Or they can try and tree shake the share to panic people BUT and here is the big BUT. Since there is strong confidence behind Avacta when they try and tree shake, the core buyers take that as an opportunity to buy in on the dips. So rather than freeing up shares they risk people buying more. That is why they were happy to mop up shares while keeping the price up today. As if they moved the SP down too much, they would just get more buys coming in at those cheap prices.

Gl all

Well done Mapp,

Yes it can be hard to manage the swings of any stock. Right now so far we have consolidated behind every rise which has meant a reasonably steady ride!

But as we get higher up the mountain, buckle in lol. As we have all been there before.

Gl all

We have all sold out of Avacta too early. That what happens when so much profits are sitting there but it takes discipline to hold. I have paid so much is share dealing fees to correct me acting too quickly.

I have done the same before with "part" not all of my holding previously.

It is a horrible feeling when you sell out, and then watch the SP rise and rise and rise. And you hold back thinking it will have to come back to somewhere near your selling price. Hoping you do not need to take a loss in buying back in higher. And it doesn't. I have been there several times with Avacta.

All I can say is you can buy back in and take a small hit now versus your selling price ahead of news. Or you can watch the SP get further away from you and chance the fact that you may not be able to get in unless you pay a lot higher. Watch the SP get away from you by dithering day after day. Or take swifter action and get back in while the SP is still in touching distance.

Everyone likes taking a profit but I encourage everyone to research this share fully so you understand why this SP has done continuous rises and built strong support under each rise.

Gl all

This share has serious addictive qualities.

It is so tempting to take a quick profit but everytime quick fire greed took hold of me, I ended up having to buy back in higher. Therefore I am closing the laptop for a few hours.

I hope going by all Avacta's previous major announcements they continue to be at 7am...so I do not miss anything.

Going by the volumes it seems that the news we are hoping for on strong Antigen testing accuracy should come sooner rather than later this week. Next stop is fast tracked EU / US Approvals which Cytiva can help facilitate.

Gl all

I have noticed a decent number of 10K buys come in since this morning

Not sure if our block buyer is back....who backed us up to our previous share highs ahead of key news and continued

Do any of our technical posters have resistance points without news?

...cannot be far away now in terms of an announcement by Cytiva / Avacta?
If the testing strips are successfully on track....this share will go to new levels....

Based on previous timelines a fellow poster mentioned...I think we are due an update this week?

Gl all

Summary reasons and detail below:

SUMMARY here:
- Highly accurate rapid Antigen testing is expected. RAPID. AFFORDABLE. EASE TO USE. MASS PRODUCED. HOME TEST KIT.
- Other Testing / Therapy / Vaccine collaborations
- US / EU Approvals
- Commercialisation Deals
- Dual Listings

DETAIL here:
Might be useful to consider what we know and what we do not yet know, specific to Antigen Testing work:

What WE KNOW:
We are developing a world class, globally produced, affordable, rapid Antigen Test
We have 2 key partners so far for Covid19 Antigen testing
We are actively seeking commercialisation deals
We are seeking further collaboration partners
We will be going for EU and US approvals

What WE DO NOT KNOW
How accurate the Antigen Testing will be, though it promises to be highly accurate but we do not have the % yet
The granting of EU/ US approvals
The details of the commercialisation deal / The value of the contracts
Which other collaboration partners we will sign up with
Dual listing possibilities
*****Will the collaborations involve a Vaccine partner…..**********

The first 3 on the “what we do not know” combined could take us into the £6/7 per share territory.
The last dual listing could further help increase that value.
As for collaborations that we haven’t even thought about and by this I mean a “left centre” success that could happen but is not on the investor radar then I do not think a double digit pounds per share price is unreasonable. Look right now, no one really knows how far this share could go. But what is clear is that no one is able to put up a strong argument that says Avacta cannot leave our current SP behind when there is so much left on the table to go after in terms of the multi billion market.

GL all