RE: 50p5 May 2022 17:22
Hi sharehead
if you at what is happening in the US stock market, there is major tech stock sell off. Look at Amazon, PayPal, Metaverse and many others. Most are down between 6 and 8% as I post this comment. Imo, capita drop might have been influenced by what is happening or was expected to happen and the MM's picked on it and gave us a taste of the red sea here too.
Nonetheless, the buy volumes trades are flying up like mad at 10millions buys versus 8.6millions sells.
Imo, this is evidence that plenty could not miss grabbing at these levels and therefore we now have the support
at just under 24.20p. I'm still waiting for my cpi Bloomberg report.