Member Info for pipedreamer

Yes Oxygen, point well taken. So is the "Norges/MA buying".

Overdue for a rally at least. A bounce at 32.12 to 32.18.Any fall below 30 would be a bad sign, but a rally is near, and on balance you don't even need a chart to come up with this scenario.

Bounce coming at 32.12/18.

As far as i can see ,there could be a bounce off 32.18p. Bears are looking for 23p and the Bulls are looking 45p short term.

Chart still holding a Bullish pattern (of sorts),so let's see what happens.

Well i named and quoted you because you were the one that posted those comments. Bit stupid if i named somebody else!!!

BrokeNsmoke, but that's the thing if you do TA etc , the bottom,( or next major support ) doesn't appear out of the blue, you have it plotted months before. You should be tracking the sp, like the algo followers.

Why do you feel the need to bite ?. When i said that i use charts, that's not to say that i take notice of and act on what it says all the time. One should have lots of equations (based on fundamentals and charts and your own research ),and when 90% of them line up all in a row, you then consider a punt. Nobody should follow anything blindly.

Yes your points are taken and make sense, except i think that if you haven't researched a subject (charts),you should not have a unqualified opinion, that is not based on research of the subject. I haven't looked into candle charts so therefore i have no opinion on it, one way or the other.

Surely you mean "everybody, and not anybody. I have no idea why ANYBODY on here would not have studied TA and not have used it in some form or other at least.It isn't "twaddle" and "science" as Hexam posted, it's Math, which is used all over the world to build Bridges, Buildings, rockets, etc, etc. Posters could explain why they are so negative on TA , and give their reasons as to what problems they encountered with it when they researched it. THIS IS A FORUM , where posters DISCUSS their point of view with others. Instead we get Statements that are more like diktats intended in a way as to imply that no other comment is needed ,THEY have spoken QED.

Posters that are negative on TA can even say that they found it too "interpretive", if they want, but FFS say something.

Engage, discuss.

The chart since the low is difficult to work out. There is a bullish interpretation, JUST!!!!.I'm no expert at it, but i can see a positive. What wouldn't be a great sign, is if it closed below 34.5p.It's already hit 34.4,so not really a good sign, but we shall see.

I wonder how many investors are hoping for the Hotel Chocolate syndrome to hit here also ?.Worth more than a thought!!.

Happy, but surely you know all this, well the basis of it anyway ?.

Jeremy,36 days since the low of 27.7p on 3rd of October to the latest top yesterday. Expect that it possibly won't go any higher as it is close to the 34 day Fibonacci sequence. Needs to be watched.

Thought there might be a few more other questions.

From the last bottom to the last top has been 36 days. Needs watching. I find it odd that posters are so Bullish. The rise from the low has coincided perfectly with shorts reducing (see chart ).What is needed, which of course we have never got since 415p, is actual buyers pushing up and on through, rather than just short closers. We shall see.

There were signals that a bounce was coming time-wise and price-wise back on the 4th, but i had it at 30p not 27.7p.

The chart since then has been unclear, though not really inspiring. So it's a sit and wait at he moment.

Just one more point. Isn't Boo a typical example of a share that should have been waited on, for an actual breakout to happen, rather than trying to find the exact bottom and jumping in ?. Would have saved punters thousands.

We still haven't had a clear and confirmed PROPER breakout since 415p.Yes there have been rises of 30/50% from lows, but all showed signs of a Bear squeeze (sharp sudden increase from a low followed by a curling over on the chart, with a 3rd impulse wave collapsing in on itself, and so making a 3 wave Bear correction, rather than a 5 wave Bull move.).

Didn't the IMF say the other day that inflation would take THREE years to come down world-wide. Why are we saying that next year we will be back to normal!!!!.So much for facts figures, (and fundamental analysis ?).How confusing.

Had a look at the chart. It's trying very hard to make a bullish pattern, but it's far from convincing. The rise from 27.7 is nice and it's gone up percentage wise very well, but is it the start of the Bull run we've all been waiting for ?.Have we hit bottom ?.

As for shorters , remember that when the market lost 73% in the 1973 crash, and then did a dramatic V shaped recovery. Shorters moaned that they had made money all the way down over a 2 1/2 year period, yet had lost all their profit and more in about 2 weeks!!!.

So Shorters can make more money for you if you buy at the bottom and they get it wrong, and you get it right.Shares will always move, as Lenin said " Capitalism can only exist in moving markets ." Shorters give punters a signal that a share is too high so to speak. It's all about opinions. GLA

And your opinions are always welcome Rupans, as are all others.

I'll ask again. Forget fundamentals for a moment. What have you posters worked out is the true value buying point PRICE-WISE, as regarding this share ?.

It's the most important part of the exercise in making money, so what's everybody's opinion ?.

Am looking for specifics.

Like Debenhams ?. What happened there ?.It has to be asked.

I would like some opinions as to what posters think will be the bottom, re price-wise, and in what possible time frame ?.

Been abroad for 3 weeks, i see no bounce at 30p.This shkyte show goes on and on ffs. Shorts at 6.65%,just gets worse.

Next stop 22/23p.Why are we still talking of MA's influence on the s.p. (there ain't any, nor Norges ).

Asos to my calcs are nowhere near their bottom,so how can Bohoo be. Wouldn't touch these with a barge pole at the moment.I would be interested to see if Asos and Boo will bottom together. Just a case of watching. Trouble is, just how much faith do we have left with this share ?.

We are all set for a bounce tomorrow. Well timed on the chart. Giving the fact that if Boo is in line with expectations, a bounce will occur. How far up, and what happens in the next few weeks is open to question, but a rally is certainly on the cards chart-wise.

If the figures are REALLY bad ( figures that nobody could dispute were bad ),then we will go into unknown territory.

I never thought of myself as some sort of expert, but on reading posts on here and on other shares, i sometimes wonder. Maybe it's an age thing. Remember it's only my honest opinion. As to where the real bottom is , well maybe early next year. To my mind it's a case of monitoring the chart, and catching the bounces. GLA.