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Just scooped up some more at sub-41p. At my max holding now - three of my usual tranches. Time to sit on my hands and stare at the clock for a few months.
Not far from that gap mentioned previously.
I'll certainly be paying close attention to price action as it approaches!
Another lovely little rise here, happy to be onboard.
SP action appears strong, gold rising, nice H&S pattern...
Is the bottom finally in now? I've bought in.
GLA
Lovely little rise today! Hopefully the start of many more.
Good luck to those that remain in, no idea where this could go fro here.
Each to their own strategy - charting here yielded +70% in 3 months, which I'm happy with
It's now in the 2.5-3.0 range predicted.
I've sold both tranches
Morning. I feel your words are falling on deaf ears. The amount of flak us chartists get...
With all due respect, 'fractions of pennies' are a lot when you're only priced at 1.3p.
We've seen a 53% from then already, which is hardly nothing.
1.3p -> 2.5-3.0p would represent a rise in the 92%-130% area.
The likelihood of a rise from 1.3p to beyond these levels was visible in the charts months ago IMO. It's taking slightly longer than I'd anticipated, but still holding both tranches. Fingers crossed for it to continue up and into the 2.5-3p area mentioned previously.
Gold price showing signs of breaking up through the downtrend, and a bullish recovery on condor today = I believe the bottom is done already
Looking for entry point now to buy another tranche
I've been out for a while now, but this is starting to look interesting again. The moment gold pops over 1750/oz and holds that level, I'll be back in here (and buying more condor gold also) again
If this drops a little closer to 40p, I'm going to double down.
A break of the current downtrend looks like it'll cause a rapid snap upwards over 70p+ IMO, risk reward feels very attractive.
That's a solid strategy - different people have different approaches, which can all work.
Personally, I trade based on TA. Have been in and out twice so far. Last was in at 91p and out at 152p (+66%).
If we approach the top of the gap again (mid 90s), an show any support, I'll buy again and will hold until a negative signal.
If we instead continue down lower and break through the bottom of the gap (90p) and either close noticeably below there, or show weakness below that level, I'll take is as an ominous sign (similar to a "dark cloud cover") and will sell with a small loss.
Is anyone else watching the gap between 90-95p?I mentioned it last month, but no response
Back just above the 20p support, let's hope it holds better this time. GLA
It didn't manage to drop much below 20p recently while under pressure. If it holds above 20p for a couple of sessions, then that would be a pretty bullish sign IMO.
Anyone know what caused the spikey spike?
Informer
"They don't take your falling in value wide-screen TV anymore"
-> Good point, and it does feel a little... questionable... from that perspective!
Very similar story here. Got in a while back, and got out when the share price got near my entry point.
Could have been worse, but I still check in every now and then to see where things are.
I don't rate the company, but if it falls under 2p, I might get back in again just on the upside from chances of anything at all emerging from this.