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It feels terrible... I can't really enjoy waiting WEEKS to get out of the 60's to land in 80s, only to see 60s again... lol
I do think it is temporary, though... I think we will sharply rise soon, so do not fret too much.
Done! This share price will be above £1 before EOY and the gains will be beautiful. Not afraid volatility at all.
They can short all they ****ing want. I am not selling, I know this stock will pull through and it is historically very volatile anyway.
We went to 84p two weeks ago for a reason. Let's stay focussed.
Sigh… the manipulation is real.
Expecting a bounce… next 2.5 hours, 3 green hour bars please, let’s go! Let’s close the day green for a positive start next week!
Really good point... even more reason for hedgies to want to tank the price and shake us out. Hold and wait... The price will sky rocket soon.
How annoying, here is the link again... its already popped since my chart
https://snipboard.io/hu4w9B.jpg
It's on the chart https://snipboard.io/hu4w9B.jpg
That is all
Guys, Cineworld is not going under...
There is FAR too much positive to see this share price at bay for long.
Ride the waves, buy the dips, take some profits where you can and be patient. Just because the stock jumped 20p+ in the last two weeks, it does not mean that is the rate it will continue at. This pull back had to happen and unfortunately the shorts will always push down a volatile stock after a large rise.
Just wait... We will be over £1 soon, but even if we are, will you take some profits? When will you be satisfied?
Paytience
Agree. I don't think this dip will last very long. Until we reach above £1, I can't see why we aren't on a rocket.
Beautiful mini-dip. Jumped back in.
3 or 4p for me is 6-7k so it makes all the difference!
haha I fell in love with snipboard.
It does say 1.50 for Christmas.
Day Traders: use this flag to determine direction. If we shoot above hold, if we break below, cut down your position until we reach a lower price... https://snipboard.io/ORermz.jpg
Long term: here is the target for me... hopefully by Dec... https://snipboard.io/phY0AN.jpg
Zoom out for a moment on the chart. All large spikes have a pull back, this is no different. However, I do expect it to continue up sharply, but I day trade so my strategy might be different to yours.
Alternatively, it continues upward, I have left 25% of my position on in case it does.
Price looks exhausted, expecting a pull back. Then higher.
Possible to finish in the red, but I think this was a simple correct. It made sense for profit taking to happen after a 7% gain. We will be back up there.
"There are clearly more watching this court case than you or I and who seem to be placing their chips accordingly"
Tbh, history always repeats itself. Something scary and fear spreading comes out and everything falls. While people get scared and sell, the price dumps. Then, the very people who created the news in the first place simply swoop in and buy it up. This is definitely happening... Cine going up.
If this monthly chart does not give you confidence, I don't know what will.
We started this 2020 above £2... The 'pandemic' shot it down to around 15p. Wealth transfer much? Yes.
Money is flooding in, even before Cineworld had any sign of recovery (in fact they needed extensions on their debt), they SP still found its way back to £1.24! It just shows that this was shorted majorly.
It was shorted again recently, but the chart is pointing upwards. The short interest will reduce now, because a. there are huge gains to make upward than downward and b. because that's the game (**** goes up when sentiment us up, which it is).
https://snipboard.io/akdOpz.jpg