"Banks give the best clue to where the shares are going"9 Feb 2022 12:06
So said a poster earlier,and straight after, one of them (Nat West ?)says 85p target )!!!!.One poster said that his chart did not give the remotest chance of it going this low.I think Mcklondon would agree that he must have HAD, a funny looking chart !!!.
I have tried to give a balanced view on these shares,but it is so weak !!!!!.Put it this way, there are THREE support levels, spaced well apart.The bottom is one of those imo.Now is not the time for those targets to be reached.
If only people would start off with a blank sheet,and then see how things work as regards finding the bottom (or thereabouts).Too many people analyse SOMEBODY ELSES ANALYSIS.They need to DYOR and cut out the fog,make notes of who predicted correctly where the bottom was (especially if it corresponded with your own,and go on from there.
Nobody should be investing at the moment on here,although short term a bounce MAY happen,but i wouldn't put money on it !!!!.Perhaps we should concentrate more on less speculative markets such as Aim.