I think their could be a stock rotation, anything to do with houses, cars, retail, are doing well at the moment. People seem to have stacks of money to spend, and it's not on holidays abroad.
Did we bottom around 16.40? Sea of blue buys with some largish orders, 100, 200k. Going to wait and see if the red comes back before I dip my toe again
...... related director buy yesterday of 1 million @ 8.625p, the catalyst to finally turn this share back up? I've had a nibble, tight stop 8.3p in case seller still overwhelms, but may double up if share strong into close.
RE: 2021 Mercedes-Benz S-Class first drive review: The best in the biz22 Jun 2021 12:09
Not sure about the chrome handles, trim around the windows and headlights. Makes the car look dated. I see car related shares have been doing quite well lately. Never ceases to amaze me the amount of expensive brand cars people have, or have to have.
I posted this a while back, but you get derided by some as that is not what they want to hear. But the whole market seems very difficult to trade at the moment. Retail buys are being sold into Institutional sellers.
Normally finds support around the 50 ema & that's around 435p. I have possible support around 422, but if that goes then as you say 400p is next. I'm watching it closely for a reverse in trend as it's a share I like trading, as plenty of liquidity and it can move quickly to the upside.