RE: BOUNCE20 Oct 2020 17:19
Think it is fair to say for most 220-270p is a safe buy in range. 280 plus is dangerous territory without RNS displaying positive news.
With positive news this can drift in a 220-270 range, more negative news could push it 150-200 range but something tells me not much more can come as so much real negativity is now getting priced into the SP. Shame really, 450 plus all day long without all these issues.
That is why for many at 220p its a bargain, because all the issues gone, then 450 plus results in doubling money, 50k here is potentially 100k in 3-6 months time, great returns!