Member Info for pipedreamer

Nice bounce off 34.21,( i posted circa 34.15 ).The Bull market is well under way. I haven't done the latest move calcs and will do them in the morning. I did post that the resumption of the Bull Market will/was happening and was all set fair.

The pull backs will have to be worked out, and most importantly, calcs have to be done as regards to, at what point the chart could turn bearish. Which i don't think will happen. Napoleon used to ask himself the "what if " question all the time, which meant he was always up to speed. Enjoy the run GLA.

On here cannot be serious.

Since the low of 34.21, the up moves have been perfect. A resumption of the Bull trend. It looks set to bounce off circa 35.25,especially if it starts to head down towards it now. I have to go out, so i can't monitor it again and give updates.

Let's see what happens. GLA.

No need, perhaps you should read my last 10 posts, and those before over the months and years on here. You seem as if you are like every other time waster in the world. Go listen to Boris and Trump see if they will help anybody. The fools people follow, unbelievable

Well i guess it certainly looks so. My initial prediction that i posted of a bounce at 34.15 was out by .06 of a penny. I can't understand what happened. I do apologise . I'll leave you all to it, as i know most of you prefer to talk to SCB et al.

Posters on here it has been said, that they get paid 29p a post. Makes me wonder if it's true, as i have no idea why very few posters engage me in dialogue. Do posters on here really have a different agenda, away from the norm ?.

I await with interest.

It's nearing 34.15. it could go as low of 33.83,as i have 33.94 and 34.01 as well, if i do the very small moves just in the last 1/2 hour.

So let's see. I suppose MA will go in again somewhere near here ?.

Let's see if we get a bounce off 34.15.

I see it's doing a sideways corrective move which will probably end when it pops down to 34.15p.There a move up is on the cards. Let's see how it goes. No need to get involved punting wise it's too early either way.

Thanks Oakhurst for the fundamental view of things, much appreciated. I can give no input myself as for the fundamental side of things, as all my time is taken up by the usual TA ,and the way i do my research that leads to stuff that is way out there in left field.

It's good to get a cross section of views from posters. As long as they are like me, respectful of other peoples views.

I never shy away from criticism and welcome posters who can tell me where they think i am going wrong.

Any opposing views are always welcome as long as they are followed by an explanation of their view.

One poster posted that charts were "twaddle", though he had never looked into the subject. He then posted some days later that "charts only work on a short-term basis". How could he come up with that comment on a subject of which he admitted he had no knowledge of ?. Something that is all to common on all manner of forums.

I have just checked the chart. It broke through the top tramline positively. It can't break back through it (would need a total collapse!!). Therefore new channels to be formed on the way up, and monitored.

Where ever this S.P. is going, one thing we know. Posters surely would have bought at least some at circa 33p.

Therefore we just sit and observe. Those who bought at the much touted circa 33p have no intention of buying at 35p.

IF it does go to 32p or lower we can top up a bit more.

Just to say, that the bottom tramline, formed by top and bottom parallel lines seems to suggest that the bottom has been reached. It needs to be breech the top line and push on up to confirm.. A number of you will know what i am trying to say anyway!!!.

I think day traders would be foolish to do any trading at the moment, very dangerous, especially shorting.

So let's see what happens.

Blimey, there's me posting on Sunday night that The Bounce/bottom would be on Monday or Tuesday at 32p probably.

it spikes down to 33.00p at 8 a.m. on Monday, and then wanders about with a rise with a unconvincing pattern. I then warn this morning that the rise has a wrong look to it, and suggested that it may well have one more small down leg to go.

Today it wanders about and late on shoots up. I said when this was at or near it's last peak circa 38p ?, that it was heading down to circa 33p. I have been trying to forecast this bounce/bottom to the exact minute. A very difficult and some would say impossible task. So if 33p on Monday was the bottom then i don't think i've done too bad.

SCB says i didn't see this coming. Well i was expecting as i had posted a rise from a bottom was going to happen SOMETIME soon!!!.

Quite frankly i'm not at all sure that this rise in the last 30 minutes isn't just a false dawn. The pattern is not yet showing a positive signal.

So it may not be all over yet, (one more retest of 33p or slightly lower ?).Whatever happens , if it does fly high from here, i certainly have given enough encouragement for those that thought also, that circa 33p was a good time to Buy/average down or top up. If it does fly from here, should i apologise for trying the impossible ?.

Anyway we shall see. GLA.

Nobody should ever go nap on other posters say so. The trick in life is to find people who have a fair track record in making good decisions about shares or anything else in life, and use them all, for confirmation of your own opinions.

Very few posters on here or anywhere else for that matter have been seen to make good decisions. I have obviously made a note of the names of those who as yet show promise.

I would in future mention some shares where i think they are near their bottom and ask opinions. I have in one post asked posters to let me know of any other companies that they are interested in. That way i can see exactly who knows their stuff., and vice versa.GLA.

Just to add, in the past when the S.P. breeched 30p and hit 27.77 intraday and closed at 29.5 p?,i did have afit of peak and said that either it would, or it could go to the next long term support/bottom at 22/23p.

I can't remember my exact words. The last Intraday low of 33.00p was reached at 8 a.m. on the 5th of February on the 1 minute Yahoo chart. I had posted some time before, that a low of "33.00p or 32.00p " bounce/bottom was a prediction.

I specifically wrote in the post " 33.00 or 32.00",i put in the exact pence as that was the EXACT figures that i had.

I submit that one cannot do better than that!!!!!. It's all to see in my post history.

I unfiltered SCB. He says that i said that the absolute bottom was 100p.I don't remember that. I may have suggested a rally/bounce. I seem to remember it hitting 97p (intraday ?),but straight after after it went to 130p.So a nice 30% there, where those in at 100p had the option after of taking the profit or holding.

I DO remember saying just after it hit 63p on the way down that at 63p it was worth a punt. It put on 50%!!!!!!.Since then i've made some fair calls all for anybody to see, and more right than wrong.

Let's go back further, After hit hit the top of 266p way back in circa 2017 ?,i posted a bottom at 135/123p, when it was a lot higher. The bottom came at 139p . On the way up from there i posted that 167p ? was a good punt, and it went to 216p ?.

I think afterwards i may have posted another successful one, can't remember.

On the way up from the 157p pandemic low, i must admit to posting that maybe those who got on lower should consider cashing in at 274p ?.This of course i got wrong.

Back to current moves, if it bounces off 32p it will reach at least 35.5p. I must confess that i now believe that i have been a little premature. looking at a 1 minute and a 1 hour chart led me to believe that a long term bottom of circa 32p was near. Looking at 4 hour and 1 day chart, leads me to believe that one more leg is needed afterwards before it bottoms long term.

It is not ideal, one could accuse me of copping out, but the chart of Boohoo is notoriously difficult to read compared to other charts.

So i reckon that LTH will pick up more, along with MA at around 32p, (there going to do that anyway ?),then there's a rally to 35.5p.Then after if it goes lower or retests 32p i will have already had a go at calculating where the next bottom will be. I can't see it being much lower that 32p,but that will depend on the pattern of the moves down from a suggested 35.5p.

Nobody ever said that anything to do with share price prediction was easy. But that is what is needed if one is to profit.

At least i don't enthuse like some posters who shout out " £1 by Christmas ",or all the other dire predictions all the way down from 415p.

Anyway i have given it a go. I am quite aware that i run the risk of egg on my face or worse if i mess up. That's life GLA.

Yes, it's the chart analysis. There are of course times where the move is extended, thus never making things a 100% certainty. But an extension move only delays things for a while, meaning it will bottom or bounce sometime soon.

That's the best i can offer of a chart of Boohoo, that has so far on the way down from 415p been fiendlishly difficult.

Where the falls have been so sharp with hardly a rally, thus making it difficult to see where one move started and then finished!!!!.

I do wish the fundamentals didn't look so bad. But of course has the S. P. discounted the worst ?.We will find out.

Looks like it will hit something like 32.00p tomorrow. I will monitor in the morning and try and work it out more exact as regards the S.P. price, and exactly when, (what time of day ).

Bit of an ask, but let's see how we go.

It's very difficult with all the news about loans etc, to see how this share can go up. Let's see if whether these fundamental news has already been discounted in the sp. Nice move from the spike of 33.00p. Interesting to see what happens now.

Well it seems obvious to posters that at this level MA is likely to buy more. It just so happens that technically this is very near a bounce, or more likely, the bottom as it continues it's upward Bull run. It could spike down to circa 32p even as early as Monday or Tuesday.

I'm no expert, (or so i thought ),But anybody can draw Tramlines and see that a spike down soon, can hit the bottom line. Just in time for a rally/bounce. Even the movements fit a pattern.

Whether it will take more time, or fail in this scenario is up for debate. But one would think that MA and shorters are poised fingers on the buy button anyway if it hits 32p. Anyway time factors look good as well, so top up time ?, GLA.

As expected, the pattern of the rise from 35.8 didn't show a Bull pattern forming and now it's sub 35.8. Maybe it will bounce off 32p. I'll have a look and post later.

The rise from 35.82 and a hope for the continued Bull market in Boo has stalled. This latest rise hasa the look of a corrective move,which means we will get a retest of 35.8 or probably lower. Very difficult to get the small move correct and have to wait a bit to see what is really happening. No reason YET!!! to panic!!.Any poster that got on between 30/40p should hold on. GLA.