RE: Buying and Selling22 Jan 2019 11:24
Newsflash re my new charts.
Looking at my candles and lines of resistance and support, I can see that it is possible that:
1. The SP may drop a little from here and if so, it may drop a little more or may rise back up.
2. The SP may rise a little from here and if so, it may rise some more or it may drop back to current levels
3. The SP may stay between 40p/42p until such time as it either drops below or rises above these levels. At this time it may rise or drop some more.
Once this happens I will let you all know that it has happened "et voila" I will proclaim that my charts predicted all of it.
Oh and I should add that option 4 is that the MMs will keep us firmly entrenched at this level until they have finished their selling....BUT, that is not showing in my chart. Then we will rise with obvious buying pressure.
None of this is meant as advice and you should obviously do your own research