Member Info for Philorkil

Bottom of the rising trend channel now, would be nice to see bullish divergence on the RSI to help in the coming days push through the 200 dma currently 30p and hopefully see 32 pence by the end of this month, unless it goes the other way of course! Gla.

*dyor not door! Flamin auto correct!

Here here, by the way, anyone waiting to get in don't get caught out, approaching the bottom of the uptrend, door, gla.

Yep, strong finish above what I had resistance of 29.5, let's see what tomorrow brings, good luck all.

Very bullish, on my chart, gapped up through resistance which I have at 28.9, closed the gap then back up above resistance to close, excellent day, I get next resistance at around 34p. GLA

Does that mean it's time to buy royal mail?!

Too much of a gamble for me to trade this, as much as I take a keen interest in reading the charts, MACD, relative strength index, moving averages, support and resistance trend lines, I see it all as purely what is possible but I wouldn't trust my technical analysis to determine what will happen, just what could happen.

Could potentially be 35p by the time of August results. GLA

Kernow01 agreed it's a triangle at the moment but I get the feeling the run up to August results will re establish the up trend with a spike up to low 30's, not sure exactly what figure, haven't charted it for a while, simply sitting patiently on my investment, GLA

Something up with your keyboard mate!

I really cannot see the logic of shorting this at these prices, when debt has stopped increasing let alone reducing, not to mention the fact that institutions have closed their shorts. Gla

Good spot tiplet nice one, very pleasant reading, once again happy to be holding.

Low volume, low chat, anyone fancy a closing price prediction? I'll get the ball rolling, 26.5

Bottom of the trend call it 24p on my chart

Cheers Paddy lol! I would have preferred if it was the other side of that figure, not that it matters one iota when you're long though!

OK, 27.6 close, will be interesting to see what the DOW does, is aim still guessing that?

Also worthy of mention my entire watchlist is down 3% give or take this morning so not too bad comparably upto now.

Fair update, not exactly plummeting, happy to hold, no doubt it will stay in the current price range up to August, I'm still glad I topped up at 21.1 ish and I can guarantee you all my grip on my holding has never been tighter, seems to me that J L and Co have steadied the ship so well done for that.

Let's just hope it's not a pump and dump!

Back in the ftse100! Now we're talking!