Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I aint going anywhere pal, ile call out you clown's with 10 post's, no history, no credibility other than GCSE in english claiming to know it all about a stock, here today gone tomorrow after you've rinsed the honest investors and onto the next victims. Funny how all the biggest drum banger on any stock have hardly any posts.......
@rifkin - its an occupational hazard old boy, anyone claiming they havent taken loses is trying to blow smoke up somewhere, remember as long as you win more than you lose your winning ;-)
My best lessons have been on losses btw, one of them is steering clear of AIM for the most part. Yes you can make a packet if you get right as ive done in past but you can lose it just as fast and thats much easier on the AIM as the odds are stacked against you.
For the record i hope it works out for you all, could this be the one to tempt me back to AIM? nah to my skeletons in the closet........
This is the trade at 13.29pm, also look at the MACD indicator
https://ibb.co/Q8qGtnP
@simx - do you use level 2? if so which service? i found previously when i had it the tape on the righthand side very handy to see the real orders going through, its hard to find a good service with broker that offers this.
@Oligarch - its not about the spike size but more about the candle size and price movement together and the fact it done in one move, if you were watching you would have seen it moved 3p in one move, not several, that indicates one a big order, to confirm on my chart i can move the time frame down to 1 second which showed a big candle spreading 3p (1 order) I had it on the 15 minute time frame but was watching it when it done it so it was fairly easy to see if you know what to look for.
The rule is dont try to catch a falling knife, next week it could also be 398 to fill those gaps, gaps have a habit of drawing in the price action like neodymium magnet.
Wait for the rns or for a clear signal in price\order action that its turned else its just speculation, the shorters have much deeper pockets than you and i.
If you want to see real pain take a look at Audioboom, its fallen from grace in just over a year from £20 to today at £1.36, nothing has also changed there and business is good but we mere peasants dont control the market, the algo run the show these days and are pro's at shaking you out.
Oh just to mention they manually put the order through at 13.29pm, the order was taken manually at 11.10am but did not hit the market until 13.29pm. You can check your charts and see the two huge candles and price movement.
@Sim x - that is correct, but the give away was the price action, you wouldnt have seen that order in the order book as it was a manual order offbook, but if you were watching the chart the price jumped nearly 3p in one go. That is a sign that the price has hit the supply zone (buy area).
Its likely this order was known before yesterdays dropped and the algo gave the price a push in the down direction to start the downward move so they could fill the order. Its a massive order not something someone has just woke up today and decided to buy, and probably off the back of the re-rating. If thats the only biggie to be filled i expect this to move back again in no time.
There is no smoke without fire.
You would have had to of been watching the live chart without delay to see it to be fair, it wasnt a double bottom ile say that, i think tomorrow depending on open auction this should go back to 261ish, if it stays there or goes further we will have to see in the morning i would say knowing how quick these unwind they can easily shoot back up, there was nothing attached to the drop other then the algo tree shaking and profit takers, if its in a cruel mood and big players have got back in, it can race up again and will leave the weak hands behind because the game in an uptrend is to shake you out. IF it goes straight back up above 261 area we are back in the trend likely just a tree shake.
Heres a little clue as to what i just found on LSE official
2023-09-28T11:10:11+01:00 GBP 2.7 921016 2,486,743.2 Off-book SINT
You heard me call out the 'BUY' signal earlier, did anyone body else see it, if so what was it?
TMS and Oligarch this one if for you, or Elfi,Teslo,Kingz what ever your shill name is....
Have a guess if you saw it, ile tell you what i saw after.... it should be easier post event, its bravery in the moment to take the plunge
Actual Forcast Previous
8:30 am Initial jobless claims Sept. 23 204,000 214,000 202,000
8:30 am GDP (revision) Q2 2.1% 2.2% 2.1%
Jobs better but GDP slightly down in US, expecting a bounce on SP 500 in coming days