RE: Buckle up boys16 Jun 2021 16:43
Well it's not that a narrow spread is positive, that comes with volume. But the fact that it has been quite wide for a while but the bid has narrowed up to the ask suggests someone is no longer accepting selling at lower prices.
I would guess that we have seen a lot of profit taking recently from the 4-8p period we had last year, hopefully that should mean a move higher!
I'm no expert so I could well be talking ****!