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Great post Mando thanks for sharing. That would also correlate with the fib levels as the next test is around 650. I agree it may well bounce around a bit between 580 and 650 but hopefully not for too long. Then after that the next level should be 650 to 730. Today I’ve been looking longingly at WSOG wishing I’d bought in early doors! But we’ve all got a degree in hindsight haven’t we? Lol. GLA and DYOR
That’ll put the kiss of death on it LOL! Needs to break through 650 now
Impossible to give time frames Charles . Other retracements have taken around a month however as lending has just said we are in a very different position now than before. I do however think the levels are significant so will just have to watch and see how it plays out. I’m a LTH here so I’m not in slightest bit worried. As always DYOR and GLA
Rudeness sends you straight into my bin Mr Dribbles ;-)
Looks like we are breaking through the first .786 fib at 650
According to my chart the next .618 is 729
Then .50 is 782
then .236 is 901
Each retracement seems to have taken around 4 weeks so if the fibonacci theory works it should be back up to these levels towards the end of Nov.
Personal attacks are pointless IMO and make me far more suspicious of the person who is attacking. No one actually knows who anyone is on these boards including you Bladerunner. You may disagree with Charles and that’s absolutely fine but we are all grown up enough to reach are own conclusions without having to rant on here. Any way here’s a professional traders view of this share for those who are interested https://twitter.com/rodlowelowe/status/1456325604840771599?s=21
Added 582 .. no brainier
I’m thinking there’ll be more buy orders at 5.80 than you can shake a stick at this morning ;-))
Totally agree with this … how many people who invested in Apple years ago will be saying “ do you remember those huge drops!” The LTH are probably laughing now I’m sure. Show me a share that goes up in straight line … it never happens
It’s called taking a profit …. It not going to £10 in a straight line …
Topped up at 631. Will see what tomorrow brings. This isn’t a dilution I agree
The very fact that there’s some much hype and talk about this share should really tell us a lot … good luck to those who decide to trade and to those who have the balls to hold! This board is lovely and so helpful..,. Just awaiting the trolls tomorrow…
We certainly need some humour after the week we’ve had ! lol.. what a roller coaster! Well done to all those who held on during the ride !
Good call Mando! Let’s hope it hits 8 very soon
Mando… good work! I too have watched Rayner Tao, he’s very good … lots of interesting info. Thanks for sharing your analysis
Still kicking myself for missing a top up at 685 yesterday! Had my finger hovering over that buy button not once but twice !!
Well there’s a surprise! I said to chef Marco this will end up back where we started! I was so tempted to top up at 685 but didn’t … strangely there was a de tamper telling people not to top up it’s going lower …. Maybe he got in my head for a very silly moment! Just shows you doesn’t it? ;-) I’ll look back and see who it was and bring him to task lol
Exactly! And we are back very close to 7.50 amazing isn’t it! Or not as the case may be ;-)
It’s interesting that the last big placing was 7.50. My thoughts are it will hang around that price today ready for the ftse 100 tomorrow, would that be a coincidence? I don’t think it is IMO