Member Info for pipedreamer

I made a mistake last week.I should have said that the 3 wave corrective pattern finished it seems at 54.76p.
The Bears will now try and push it lower to start a new down move.The Bulls however will try to move it on up at circa 49p ?,and start a Bull run to try and continue their pattern.It's unclear as to who is going to gain the upper hand,and methinks it's a time to sit on your hands and wait.I rate it 50/50.
Wouldn't need to be so unclear if it were an ordinary share as it's a 90 percenter,and fallen so fast s to make the pattern on the chart so very hard to read.
Shouldn't too many complaints about this post as it's a balanced view devoid of any emotion,hidden agenda et al.

Ok you have your opinion .Now if you would like to go into an FULL explanation of your opinion,feel free to do so.

you should have read my post before April 2018 when i said the bottom was 135p or 123p.It turned at 139p.How about when it bounced at 63p on the way down,i said then that 63/66p would be a nice trade to do,it put on 50%.
Nobody can be correct ALL the time at anything.Just a case of playing the percentages.

Totally agree Midway.Would you agree that just before the bottom on the chart at 30p on 28th of Sept and everything after ,the pattern has been anything but easy to read ?.Yes the double top represents one would think the second wave of a 3 wave correction,thus meaning the third wave ( C wave) is still to come ? .(am i reading it and explaining it correctly ?).
A push above and stay above 56p would turn it all bullish.Hope others on here can gives us their views (chart-wise).
At 74 the old brainbox doesn't work as well as it used to.

Then most likely a bit of profit taking taking it back to circa 49/50p ?.The important thing is what happens after.It would need to push on back over 56p to remain bullish.
On the chart it seems that they are trying to start the resumption of the bull pattern that started at 45.9p.It needs to keep it's pattern to hold onto everything.
Being only an amateur at all this (or so i reckon),can other chartists on here give me any confirmation that i have it all correct ?.err basically ?.

Very Good advice.If investors traded on price action (Math),you can then forget about emotion,which is to be avoided ALWAYS.
As for investing on Fundamentals,so many posters have got it wrong on here from 415p down using them,even if you believe what is said or written down on paper it's still a crap shoot if you rely on them entirely.
The Bulls /Bears are still in disagreement and are having a right punch up at the moment.Who will come out on top?.
I had it 60/40 in favour of the Bulls,now i make it 50/50 with the possibility of leaning Bearish.Note i said POSSIBILITY of leaning towards it getting towards more bearish.
No real problem with my forecast as i advise everybody to do nothing at all,because it's a hold recommendation from me.Those in it at 31p to 40p,sit tight.If you are not a holder of Boo, bit dodgy to jump in now after a 50% plus rise!!!!.

I would say that long term charts are better than daily charts,and that for day trading charts are too interpretable.
For finding the bottom after a 6 month to 3 year fall,charts are useful ,as long as you combine it with your own equations/algos via your own research.

Sorry,i should have been more clear.I meant the fall from 415.So sharp that is was hard to count the waves correctly.
Personally i wish i knew somebody that could untangle it all.
But you are correct about the last 6 months.We must be somewhere near the final bottom,and we could have already reached it at 31p.
If it does go to 31p again and bounces it will have done a TRIPPLE BOTTOM,of which i heard on CNBC last year that virtually GUARANTEES that a Bull market STARTS from there!!!!.One of their sages stated that the probability was extremely high,and guess what,it was the Dow chart they were talking about,they showed the chart,and hey presto it went right up from there.
So hold on,it will get bumpy but there's a great chance it will come good.

Like a boxing match we'll have to see who wins the punch up.Wouldn't make sense to make any punt until we see who wins.
THEN it will be possible to see which way it's going.Anybody who bought between 30/40p could hold on even if it spiked down to 25p,as then tactically it would be load up time again.
Above 56p would be a sign to load up more.Obviously we don't know yet.Wait for the knockout.

Lots of luck to you to!!!!!.

The Bears are seeing a corrective Bear pattern on the chart that started at 53p (56p intraday) on 11th Nov.Then down to 28th Dec. at 31p,then up to what it is now.They are now attempting to sell the shares down again to complete their pattern of 3 waves.
BUT,the Bulls see a bull pattern that started on 28th Dec.and which is STILL in place.Some on here are talking about wild swings in the S.P.It's obvious to MOST that a punch up between the Bulls and the Bears is going on!!!!!!!!!!!.The Bulls trying to push it above 56p to keep the Bull pattern going,and the Bears trying to push it south to form their pattern.
It's as plain as day!!!.
If it wasn't for the fact that Boo has fallen so fast as to make it impossible to tell us exactly where the bottom was we'd know for sure.This post is for those that already know what i'm talking about.and YES i already know who they are.
I will not be replying to posters who know nothing about anything.I was accused of "just taking prices off the stock screens".I gave Eurodisney as an example.ANYBODY found a Eurodisney chart anywhere ?. I must have got it from MEMORY!!!G.L.A.
P.S.don't let me regret bothering to post.

From what i can see on the chart,i very slightly favour 90p rather than 99p as being the next low.
Any help out there ?.

Here or at 90p

I know already who know their stuff.So will comment no more.An instance of stupidity on here.Herehopin said that i said,if it goes to 40p then it might go to 38p.If it goes past 57p it may go to 60p.Said nothing of the sort.It's a pity that people didn't appreciate what i ACTUALLY said.At the Moment it's holding ok,but it can go either way.I would have let you know if it broke down and posters could have considered what i said and sold.
See more time wasted on here.I'm doing the fall in the housing market and finding out where the bottom is going to be.All this is too diverting,trying to explain the obvious.I'll just sit back and take notice of those that really know what's going on,Adios.

But crossing the road is the same thing."if i cross now,i can get across before that car hits me."etc.etc.
I would rather do that than walk across the road blindfolded!!!.

SCB,I don't remember you asking me for 10 predictions a few months back?.I''ll give you some if you want.I can give you them on the day there is a buy.Can you find the day that you posted that request ?.
I wish i was guessing,it would have saved me in the last 6 years spending on average 3 hours a day since then.
A tip for everyone, if you want to learn to swim,you have to immerse yourselves in water.If you want to make money in the stock market,you have to immerse yourselves in facts .figures and equations /algos,of which the large proportion should be made up of your own equations that you have discovered during your research.
i switched from the gee gees to the markets because after 30 years of working on a betting system using Math i got fed up of backing 20 21 22 only to find the the donkey outsider number 19 won the race,or it would turn up to be 23 the winner.Anyway I think i've been hacked as regards the horses and have to bet in secret in the future.
So i then thought that i don't need to be the exact number when it came to buying at the bottom with shares i only had to be near it!!!.I used some of my equations fom my horse math equations and so here i am.
I gave you some examples,OBVIOUSLY not all turn out to be correct ,but most turn out to be right at a lower price,so you need sometimes two bites of the cherry.OBVIOUSLY it's not simple.But if my first prediction fails at say 157p i can just wait till my next figure lower down(no need to look till then).I'll stick with what i've got.
Your response was disappointing,but let me put it this way.Can i ask you how you do your stock picking ?.It's an open question.Perhaps we can have a proper dialogue after your reply ?.

Because we really want to make money.We all have the same aim.If you don't agree with somebody's point of view, ask a question.If they insult,then stop replying to them.

Who is Ammu anyway ?.was this directed at somebody else ?.From my research (charts included).I had 484p for Dunelm,973p for TPK,and years ago 33p for Eurodisney (when it was 120p,it turned at 34p).
So i'll stick with my research of which charts are a back-up.

I've just had a look at the 1 minute chart since it topped at 54p on the 3rd of Feb.The Bulls have been trying to get it going again after its decline after 54p,but the attempts have failed.This is because the correction is still not finished (from the 54p high ).The latest attempt seems to be curling over half way through a Bull pattern.
The fact that it has been trying but failing should not put anybody off.because as i have just stated the correction pattern is obviously still not finished.You have to stand back and wait till it has done.
We will know when the continuance of the Bull market resumes (hopefully!!!!!).Reading a 1 minute chart correctly is like trying to beat Bobby Fischer at Chess,but i'll keep looking at the 1 minute chart from now, and let you know what i've worked out.
Whatever i come up with should not be taken as Gospel,but considered along with other points of view.

Ain't no guessing about it,math is everything.The percentage play is that it is showing a bull pattern at the moment.But there could be another bite in it if it goes down to 33p again in the "bouncing along the bottom"scenario.But we will get a heads up if the chart pattern breaks down well before then.Those who hold can then sell up if they wish and get back in later further down.It will be up to them.
We keep a close eye on the end of Feb,to the early part of March.This is why i have put in a "hold " recommendation.This is NOT an easy share to do an analysis of and never has been.