Member Info for rickee

But there is a gap upto 175p as in most cases it will be closed

Is controlled by DMA traders - this was manipulated down by a trader or group of traders wanting this down - of course this is illegal but happens

As posted yesterday - 168p was the bottom of the bull flag. This has a possible break out of this week or next at the latest - I need to check exactly but breakout level next week will be around 195p. Essentially if we close above 195p next week then I expect October to retest highs and possibly upto 320p target. Or if we close next Friday below 160p (bottom flag support by next Friday) we will retest 147 (50% fib) and then back up 100 (61.8% fib) .
I’m long as my money is on a breakout to the upside - it’s way oversold

Can’t seem to open that one ?

Hi loverooster - any ideas how I can post an image here?

Basically this drop is all normal and still in it’s bullish formation. A close below 168p (always falling about 1p a day) is only when I would be worried

If only I could post my chart on here but nothing to worry about - 168p is the bottom line of the bull flag on weekly chart. A valid break out (currently around 206p ish) could happen in the next two weeks. This is a descending formation but a bullish continuation pattern when it breaks the upper line.

p.s. 172p bounce was off the 38.2% fib from the 35p - 260p high

today's trading in my view is very different to the past 4 or 5 sessions - looks like the selling has stopped and some great looking reversal candles going in on the daily and 5hour charts. Could this be the start of the next wave up to surpass 260 later this month? Hopefully Landsdown are gone now,,,

Don’t we already have a patent?

Standard response to those who dare to disagree - all the best

Does anyone recall RMs actual words in the interview where he mentioned August COPD results. Was it a case of ‘hoping to update in August’ or ‘we will’ update in August?
I know end of summer was mentioned before ...

Hi Manifesto - the way I use them is: currently in a bull flag on 5 min chart and sat at the 240p level which was a previous all time high. I would look for a close above that.
A bull flag is bullish and as I know news I due on copd which is expected to be good I would expect the uptrend to continue. There is a potential for 270p today in the current channel. What’s important to note is that 270p is possible but equally it could close between here and 270p. I wouldn’t worry about this share unless it dropped hard to close below the last resistance around 222p.
So as you can see it’s a tool I use to say - yes everything is on track or something is wrong let’s sell and reduce risk.

In theory the breakout of the bull flag on the daily chart that happened last Friday would signal the next move to 315p.

its not easy because its a skill you need to learn like anything. Why people are so hostile towards it i have no idea - bizzar!
investing on fundamentals is great if thats your thing. for me its about a mix of both.

Seems odd that huge multi billion ££ companies have teams day trading off them every day of the trading week if they were rubbish??? Maybe it’s people not understanding what they are for? They compliment news - he SNG chart is bullish and news is imminent - therefore the market is starting to price ahead on good news. The charts show where the key support, resistance and trend lines are. They also show you when sentiment changes.

ignore if you like but the fact that thousands use them and act on the signals means they are valid. SNG is text book at the moment in terms of charting....

Breakout of the Bullish symmetrical triangle at 213p on 6th. The last few days retested the breakout area with a low of 204p and hard bounce to 220p. Indicators all look set for the next move forward.

Sounds a bit hind sight reporting...... hit the top and shorted until the low and picked up two shares that are booming lol..... hmmm

Bruce - strange thing to say when you have contradicted the sng website who state 5.01%.

More fool you