Member Info for sjm750

Looks like the price is stabilising a bit. But looks Cheap at this price., with new big deals in the pipe line. And one being imminent. This should fly again! DYOR

Yeah big buys ahead of the results next week. I think we will see this hit 25p plus very shortly!!

Opportunity to top up before results next week!?

Share Prophets UK (ATUK) remains one of the more exciting plays among the minnows on the London market, and looking at the daily chart configuration at the moment, and even in the wake of all the progress already made, it is not difficult to see why. The chart is dominated by no less than three major bullish plus points. The first is the 50 day / 200 day moving average golden cross buy signal from August which delivered a relatively late notional entry point in the mid 30p’s but still managed to serve up a move towards 70p just a few weeks later. If you add in the rising trend channel from August based at 49p and the extended RSI support line from the end of July then we are looking at a pretty head mix in favour of the bulls. While there is no weekly close back below the August price channel floor / 50 day moving average at 49p the greater part of the bull argument remains intact. The one – two month price target could then be as high as the summer price channel top to 80p, with only cautious traders waiting on an end of day close back above the 10 day moving average at 56p before taking the plunge on the long side. - See more at: http://www.shareprophets.advfn.com/views/2772/uk-buy-at-53p-target-80p#sthash.nvO4TKOK.dpuf

Could see this reaching 50p a lot sooner!!!