RE: I drew this chart idea for #EML14 Aug 2024 14:10
LOL. One day, you, your chum, and AI helper, will find out, that the only event that will move this sp upwards, is a positive RNS. I have told you many times before, when you can predict the day a RNS will drop, with positive news, you will be on a winner. I mentioned the other day, that if sp declines to such a 'low' level, some punters may see it as a decent 'risk reward' buy. We do not need your chart to tell us that. Quite simply, look at historical sp movements over a period, and just note when buying occurs. Decent sp increase first week July driven by 5 July RNS. Then punters taking profit, and sp withdraws. two lows of c 1.4p 1st week August, followed by some buying, but increase is inside of spread, so a loss making situation for day punters. The next RNS( wishful thinking) that confirms the effectiveness of KMP process, and is in the hands of CRUI, will see a much larger rise, possible +25%. You heard it here first Swaz. I'll trust my own logic more than your nonsense charts. On a constructive note Swaz, try your charts on FTSE350cos, who all show income, profit/loss, where 'indicators' can be effective. However, you will be up against 'chartists', some of whom, know what they are doing, and Zac, isn't one of them.