355p lower support25 Sep 2020 14:04
The charts from past months showed that 317p was our upper limit and once that was pushed past next stop was 355p which it blew apart this morning.
The good news now is 355p as being tested for a couple of hours and the support their is amazing even with the Guardian and Archie trying his hardest by picking words from the investigation to try and spin more negative press, well thanks Archie you allowed me to buy back in lower to make even more profits out of this amazing company.
If we can stay over 355p into results, the next upper limit is 450p, YES 450p that means there is great opportunity and 450p resistance shall be huge so will no doubt settle next week on results around 385-415p levels, but if it does blast past 450p then it could break 500p and then hold beyond 450p and slowly build back to 500p.
In short anything sub 375p is a very safe buy in opportunity for short term profit (days) and long term this share still has an easy 600p in it, the skeletons are out the clossit and the negative is behind us. The future is bright!
Fantastic sale results incoming way beyond forecast, my gamble is 48-53% YOY growth, company will also pass 1.5BN also and profits remain strong.
Also new factory,, new aquisitions and incredible social media growth.
400p, 450p or 500p it is gonna be hitting one of them next week or all of them. :)
DYOR
But buy with confidence at these levels and opportunities to day trade now are reducing this afternoon this will rally back towards around 375p especially as FOMO kicks in.