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I had 5.5 as a target ,it hit that the other day, reward better than risks from these levels
Missed the fun, good news tick tock, :)
WSG lol, SAR from 0.19p is another example from doom to bloom :), . Its certainly getting noisey on this board , Tick tock.
Wedge breakout could also break it out of that long term Channel from 2014, Not a lot stopping it going to 9s once that channel breaks, (aka channel break WSG from 5s to high 20s)
Possible scenarios, Early days but If we take that June low circa 1.4 as the reversal point with the recent high circa 2p, we should be looking at the next high to hit 2.5 with a potential spike to low 3s. looking at a wedge break out from these levels could well be steep and strong pushing it into the 5s. All to play for, risk/reward (we all know how this games works). Good Luck all
The news is good, I am with the Early Bird :) , further good news and we should see a re-rate to the 3s, The fact our resident derampers are turning up the noise is another positive signal, patience
There is always the filter button to screen out the resident shorters
Up she goes , tick tock
lol. I wonder whether todays news is the start of the reversal . I wouldnt be surprised to see 3/4x multi bag from these levels. My hunch is it has been artificially pushed down from the 3s, so a spike to 5s is more than possible. Time scales ?
Never trust a banker :)
The scale and severity of the impact of his actions as CEO of RBS made this an exceptional case. Both the Financial Services Authority and the Treasury Select Committee have investigated the reasons for this failure and its consequences. They are clear that the failure of RBS played an important role in the financial crisis of 2008/9 which, together with other macroeconomic factors, triggered the worst recession in the UK since the Second World War and imposed significant direct costs on British taxpayers and businesses. Fred Goodwin was the dominant decision-maker at RBS at the time. In reaching this decision, it was recognised that widespread concern about Fred Goodwin's decisions meant that the retention of a knighthood for 'services to banking' could not be sustained.
lol ,so we have an ex banker who knows what he is talking about :) Perhaps he lost his Job in 2008, Sir Fred
Looking good for that trend change 3/4s
Looks like this could be the last kick down as WSG at 5p, get ready for the 3s
3.5p short term target , but there is a good argument for low 5s
Yes they are buys as one of them is mine ;)
Well done
well done :)