Member Info for ralarcon

see my post on sp price action for some light as to why that may be. do a bit of reading on chart technicals and it will make sense.

Some wondering why SP wont just rocket upwards. Look at the chart and plot the 200MA. You will see the SP keeps being knocked down by it. The 200MA is one of the main levels traders watch, and it takes momentum and really good news to break past it and trend up. In the last 12months this has happened only twice; in February 2021 on the back of Beckman news and in Dec 2021 on the hearing loss test news. Even then the SP trended down when the news momentum went away. My own view; the SP needs to hold current levels and break the 200MA and then consolidate for an up trend to be confirmed. Otherwise it is just swing trader playground. Longterm holders unfortunately do not move the SP.

not sure the RNS gives any more info not already priced so i don’t expect a gap down drop as we seen before but i struggle to see the RNS pushing this above 35p for now…it could be an unsettled day whilst people make their mind up on the RNS…is it positive enough or just right or some may still see negatives i cannot decide.

not really...it is most people playing the odds properly...nearest major resistance is 8% up, nearest support 25% down. Most traders wouldn't hold through results/earnings dates with ratios like that. Only very good news will see the share price 60%+ up on day. But even that is still less than 3:1 risk reward ratio and you can get that in other shares with less uncertainty. Many will sit on the sidelines and jump in on the way up; you can still catch a good proportion at a lower risk once news are clear.

Whilst the share price is holding the 8EMA all is ok from price action. Currently keeps getting knocked down by the 200MA. To break past it needs a catalyst such as good news as it did back in December. A bad day and I can see sub 20. Some would probably buy the dip on the 50MA around 19p. But it wont break and hold above 35p unless there is a good news day. fingers cross those holding.

looking at the chart the price action looks pretty standard for the last 12months.
Jumps up on good news and hits the 200MA before crashing down; that has been happening since May 2021. If this time is going to hold and move up; I expect it to come down to 19p; and then it could either bounce back up from the 50MA or carry on down to 16p (20MA) as it has done previous times. Too risky to buy in my opinion at this level; no man's land and 60% retracement.
Good luck if you hold.

you can always get out; 60% is recoverable if you go on the right trend stoke...energy and oil are flying right now...Hurricane Energy up over 100% this year.

What a a stupid view....you lose even if you don't sell! shares or cash you only have its worth today.

only option is to hold?… you really need to get some investment advice or read up on trading/investment strategies. It is never too late to sell; your money is gone; all it matters is what opportunity is available today that will give you a higher or faster return. If you think GDR is the best opportunity the stick at it but if not then sale and move your cash. Every week there are shares moving 5-10%. Oil and energy was pretty crazy last two months. With inflation panic banks like Loyds, HSBC have done pretty well last month; Aztrazenca and Glaxo also did pretty well. Silver has also pushed up and with that the likes of fresnillo. Plenty of ways to get your losses back if you are willing to apply some money risk management and research. Good Luck.

IPO valuation reduced. read RNS.

i guess it is not always 7am. Last was afternoon update.

sorry it was you that replied and cleared my query..

bbrq648.... a bit aggressive for no reason.
What mistake?
I read a post making noise about Monday...I read last RNS and it clearly said end of April...but did I perhaps missed some info elsewhere? so I asked and Casper replied; he meant anytime from Monday to end of day Friday.
Question answered all cleared...don't know what is your problem with that.

it was the post by Casper786 which mention selling if no news on Monday implying there was that expectations but he later said it was anytime that week,

thanks; I am expecting news sometime next week but I could not find any commitment for news by the 26th of April from BRH.
you mentioned people selling on Monday if no news but I am struggling to see why unless there had ben a commitment and therefore no news would mean a delay.

why are you expecting rns monday?

can see this at 40p? yes...But can is see it at £2 plus and higher? yes
Both scenarios are still credible IMHO, if you asked me about probability...I would say its probably on the upside right now but it is never 100%. Look at Novacyt; a little change in sentiments, some bad news big drops are realistic. Look at GDR end of March; nothing has really change has it? yet the SP drop from 130s average to 60s!.
Never be surprised on what the market can do on the upside or the downside and be prepared to experience either scenario. Stops are one huge factor; many will have stops in the 50s for GDR right now, so a simple sign of delays or change in sentiment from this point triggering those would quickly take in to the 30s but probably bounce in to the 40s.
Conversely...signs of good news, a few tweets, RNS and momentum can as quickly get it back to over a £1.
The one thing only you can answer is your timeline...because if you asked can this be 40p in 3years, probability would be very different to can I see this at 40p in the next 4 weeks. Same for the upside scenario.

Good luck on this and any other plays you have on.

same as you lost the large unrealised profit; sold at 79p as my stop loss got triggered. I could see the SP bouncing 60-80p for several weeks so no rushed back. THere is plenty of upside and £1.5 is easily on good news. BUT this share has too many impatient and short term holders so any any sign of bad news can send it back to the 40s just as quick.

LordPaul,
Good conviction in GRD; I am waiting on more concrete news before coming back. The upside is pretty big here so no need to jump just yet for me.
I hope you've been making money elsewhere last few weeks and recovered the losses of last month.

lets take the learning and use it next time for better decisions.
The market will clearly accept nothing other than good hard sales and possibly fda approval to rocket the share price.
The last month has set some clear targets the market will hit easily with the above two.

Any sign of orders and movement from the FDA even if speculation should inch this up towards the £1; but unlikely without hard facts. Expectations on GDR are clearly for a quick win and holders will move on quickly in the absence of news.

As long as the SP remains under £1 you have plenty of upside to catch if you wait for news. I cannot call a re entry price as it will depend on how long before any news; likely drop steadily each week of silence. I will just let it be what it will be until the next RNS (a positive one).

Last month has made this lower risk bet on news but also too high risk on no news as people clearly expect the next novacyt.