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I personally don’t wait for all those other signals within ichi to line up (sometimes SP has sailed away by then) before going bullish as I use other technical indicators in conjunction with ichi to make a decision. Everyone has a different system so whatever tends to work for you is good. Agree with your points though.
From a technical daily ichimoku indicator only (not conclusive but I use it with a few other indicators) if Metro can finish at 2.30+ over the next few days it will be a very bullish signal. A signal that hasn’t been seen on the ichimoku system since 24th July last year when the share price closed at £34.28. If you had followed this system you would have gone short a few days later at £32 and would still be short today (nice little earner!)
Sure Amers, this grown up advice comes from the bloke that decided to hurl insults at me when he was p***ed up.
Never said I was happy at anyone else’s loss, been on the end of plenty of profit warnings myself, including a delisting. I just don’t go round thinking I’m cleverer than everyone else.