Member Info for nordell

who knows - really who knows - and actually why care...the market is illogical when it wants to be, you can argue with it till you are blue in the face (as some do here) and your arguments may be correct, but it don't care about that...GL

a big sell of is not in play- this is just profit taking at key resistance- to be expected and the overall trend is still bullish

I don't know for certain that's the caveat - but that yellow box looks likely to me it would still be really bullish retrace and the ABC correction would hit the 1.618 -it's already bouncing from the 1.414 -but I think there is lower to go... the 50 MA and that major fib level which I mentioned yesterday.
https://www.tradingview.com/x/qaHsqAiy/
this also fits in with matrix's bullish rising three candle pattern.
Growler et al - please feel free to ignore, or if you respond negatively at least make it clever or funny (not sure you can nail both)

great contribution Growler - keep it up mate

rare groove yes - 18.3 looks likely now or tomorrow

please please understand that stocks do not keep moving up forever - retrace is inevitable, and actually bullish longer term

lol as I said it may bounce here - and whats is it doing now growler ... stop talking it up

of course accepted SHC

we have hit over sold on 5 min only- not sure that is a signal of the bottom - maybe a bounce, but are you really calling the bottom here?

actually sniper I find it odd that you call me out for a lack of integrity when I am pretty much alone here nailing my colours to the mast. Before open I mused that maybe the market wont value it like most thought it would, because significant resistance has not gone away.
People don't like hearing opinions which differ from their own but that is closed mindedness at its worst, and counterproductive in this environment. A BB that is only bullish is not worth the time spent on it. At least when I post I give my thoughts and reasons for it - and of course very angry man loves to have a pop without of course puting themselves out there.
There will be people scratching their heads wondering why this has not broken up, but the reasons are now confirmed by price action - welcome or not the fact is this is not bullish in short term for CHAR at least for today the failure to break highs on news means there should be more sellers.

SHC got the RNS right - my congratulations to him though i suspect it was less about research and more about unnerving those who sold - it does not worry me as I said iI own my decisions.

I think Matrix is probably the one who has called it for the next 3 days and that is actually a very bullish scenario - but hey what do you actually predict sniper?

"own"

Sniper you are welcome to block me, I won my decisions mate, anyway its a open board so I will post what i like thanks mate

yes i like your idea of the rising 3 Matrix- it would be incredibly bullish to bounce at even 18.2 and a great place to load up - but with retail following their nose on this one it may not make it that low

well the retail bought and those in the know sold so we are still below my sell of yesterday - why? well the news wasn't bullish enough to push us over this resistance, not even painting a higher high before retrace and the chart is overbought. time will tell and i still have half my holding and banked my profit

well thats good news for CHAR - not much you can do about news events- lets see if the market values it , and if so by how much GL

It is very interesting actually, if you take your prognosis of a bullish rising three pattern, then we've got two more red candle days and we have to stay above 15.3 for bullish continuation... now I was really surprised we blasted through long-term resistance at 15.4 - this is a resistance line going back to sept 09? but significant, so I wonder if we could go back to test that resistance?We would still be above the level for bullish continuation on your pattern, and will be printing a daily higher low, all of which is bullish, at least for the long-term. I don't think we're going to get back to anywhere near that level but I would not be surprised if we had three red days of consolidation

well it's not hugely one way or the other is it, bears and bulls would want more, so...what's your take?

So, we have a daily candle that has closed less than 50% up on its opening price -that is not the best scenario footballs if you look back on the last daily red candle (30th March) it closes more than 50% up and it signals continuation up.
https://www.tradingview.com/x/nICYNEOR/

to keep it simple, and there is a lot more to this ...you are a bull on the daily, then you want to be closing 50% above the opening price, if you are bearish on the daily, you want to close more than 50% BELOW the opening price- which is where we are DYOR.

Well, one thing we ALL agree on...it is not going down to 2p

none of that ****** language here please Cleeve...