Member Info for steveknowsnothin

If we can punch through R1 at 361.38 for a sustained period of time, I will be happy, as at the moment we are still in range.

@echoe watch out, otherwise you will summon the grump lord @wyndrum

Meant drop on speculation being realised and then steady rise to new ATH's is healthy for a SP, as opposed to TSLA style rise on rise, then intense volatility.

Always thought it was Mother England rather than Daddy England... Thanks mummy Anglaterre

Reversal on the last 3 day trend.

My target is 410p, realistically I shouldn't have been greedy and got out at 385. Given the good results my expectation is a rise above the previous highs. The pullback post results is only a good thing in retrospect and is a sign of a healthy stock.

Just checked my MWWR from 2nd of March, it's currently at +92%. So as much as I value the attempt at an education @wyndrum, might give you a shout back if it falls significantly.

Was an old article posted by me by mistake, not happening.

@wyndrum I look at it like the fire triangle. Without the components you aren't going to get ignition.

At the moment, we have some of the basic components for a reversal but without a catalyst we aren't going to move out of consolidation. Do we have more of the components that we need compared to Wednesday or Thursday, yes.

Are we seeing those technical alerts from Friday reflecting themselves in the price today or instead are we seeing further decline?

@wyndrum if anything in stocks was 100% proven, then it would not be 100% for long, because someone would inverse it to make money.

@Snoozinghipo Tim down the road, but in reality it seems that you can use 90k of well place trades to mess with SP of the stock at the moment.

Will go through the trades at the end of the day as wasn't really paying attention, could of just been one very big sell that needed to be filled rather than someone messing around.

@Snoozinghipo People psychologically stick stops at round numbers.

If you can drive the price past the stops then you can start a heard movement, allowing you to pick up shares on the cheap.

@wyndrum not going to spoon feed it to people, the reason they are called indicators is that they are indicative, not god given facts.

BOD have already stuck millions in in the last 6 months, feels like enough of a show of faith, to me at least.

"it has to CLOSE THE GAP"

It most certainly does not. Just because there is a gap does not mean it will be tested, just means there is a lack of support and resistance at those levels. As you can see from the stops test that just happened, we just bounced off the 347 support very quickly and are back near enough to pivot.

@Snoozinghipo if we can maintain zero for the next three days, then that is a sure enough sign for a reversal as well, as shows strength.

@wyndrum because it's never a discussion with you, because you only believe what you want to believe. Unfortunately I have learned that from discussing this stuff with you before, more than I should have entertained.

@wyndrum it's getting boring now

Just to back up my inkling with some reasons.

- Above the 10 DMA Support
- Above the pivot point
- Hourly MACD histogram went into the positive after sitting in the negative since Monday 28th
- Non-ADX 123 Reversal Pattern triggered
- Broke through the previous day high

Not to be an optimist, but this is all looking positive for a good day.

@clairesmith well guess tommorow will be the litmus test of whether I am know nothing by name and you are know nothing by nature.

@clairesmith that already happened Wednesday & Thursday with the price bouncing off of support several times on Friday.

Put the pipe down.....

If you take the dip that occurred on the 28th of April from 338 to 311 as an example, The price began its recovery on the 6th of May from 313 to 370 on the 11th may. It then followed this cycle of boom and less bust, reaching all time highs on 17th June.

All I am saying is, as stated previously, Friday triggered 3 very important technicals after a range contraction.

- Golden Cross (50-day moving average rose above the 200-day moving average)
- Non-ADX 1,2,3,4 Bullish
- Calm After Storm

If you want to take it on purely technicals, there is going to be a reversal on Monday.

@wyndrum do you honestly see more than 2% of 18-24 year olds loosing their job between now and new year?