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Usuallyright
The gap at £2.62 is the only reason I sold a few today as in my opinion it would need to be filled quickly (Friday latest), could be a blink and you miss it.
The adr however is back up to £2.85 ish again as we speak and look at nov ex div there was no pull back in fact a rapid rise
Certainly giving me for one a bit of entertainment this week
Good time to join as Alba is low key at the moment and eyes are elsewhere eg Argo . The thing is if some good results come in people will be kicking themselves they weren’t in at these prices. I have a small stake here since sept circa the current so and happy to sit on it ..... just in case !!!!
Ceders
Looking at the gap and the bottom of the rising channel. It looks like it would need to be filled by the end of the week or it would drop below the channel and that is unlikely as the bottom of the channel looks like it actually extends right back to the end of october 2020.
So fill by friday or be lost in to the void !!!!
thoughts ??
Thoughts for next week
1. Tick along in the narrow channel 5/1
2. Big lift up to the £2.92 gap by Tuesday 2/1
3. Stratospheric rise to the top of the wide channel £3+ 20/1
4. Something else 1/2 ..... as usually wrong lol
US is closed tomorrow so could be a slow start as appears ftse doesn’t want to do anything without holding hands with the dow
Android
I agree in your note about mixed messages on here (mine included ) as ultimately no one knows
I only take Geng and Tacet’s views seriously, as others have said they are on the money with there TA frequently which is much appreciated
I agree with persimmon , relatively predictable for trading
GlaxoSmithKline I held for 3 months and sold out as little movement , and more recently obvs a big dip so for some may see this as an opportunity but not for me
I will throw in to the pot Saga... some good short term gains to be made... it’s dropped and recovered quickly a number of times over the last month. I’m not sure it’s current dip is fully done either and will deffo be back in with a few k when I’m confident it’s bottomed out
So here is my theory why this is going up
“ Hey, we’re losing all our damn money, and Valentines is around the corner, and I ain’t gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain’t gonna f… my wife ain’t gonna make love to me if I got no money!”
..... it is written !!!
Note the Valentine for Christmas swap as thought it was more appropriate (no pun intended on the character name though)
I acknowledge any copyright etc etc blah blah blah and only posting this to keep spirits high
No offence to anyone on the board with the implied F word , purely keeping the original text as close as possible
Have a good weekend all and let’s see what next week brings :)