Recent Trading & incoming22 Nov 2020 21:00
Evening
Ive posted this before & believe we are right at the end phase of this long awaited incoming offer on the medieval table the finest meat requires slow cooking , & all you can do is sit there salivating until the mouth watering grub is brought to the table .
I’ve waffled about this many times over last few weeks in various posts & on the hourly updates & appreciate doesn’t effect the Biblical incoming however can indicate ‘when’ by the recent market behaviour ;
. Stock price taken higher to 38 to allow ii to offload stock for a substantial profit from 22
. RNS issued stating no reason for rise , whatever your judgement on this guess we will never know
.MMs jumped on this perfect leverage rod to create a negative market & fuelled by sells on the market & leathered the share price back down over a week .
.During this period , CFDs short positions taking out to benefit from the drop , coincidental ??
.CFDs shorts closed once at required level via 8.5 indicating direction change imminent
.once stock price reached required price band 27-30 huge accumulation on the longs starts highlighted by the Mia on the hourly updates , MMs fulfilling huge institutional orders on the long side , then some or all of this is dribbled on the market over last couple of weeks in medium trades or more recently large after hours ( not the roll overs even though are positive for direction ), camouflaged onto the market , This period seems to be coming to an end or completed as stagnant the last couple of sessions .
.CFd longs stated via 8.5 again underpinning direction imminent.
.MMs free float exhausted & dry at lower levels so moved to the top of the band & then subsequently back down manufacturing trades until the orders are filled & desperately holding the stock price as long as possible to carry out further fishing trips within this tight range .
.no one knows exactly when the incoming will land or the ingredients within it , however guaranteed a huge amount of buy trades will appear prior to this or show delayed soon after highlighting the accumulation which can take weeks/months to net stock especially if the free float dries.
. All above in my eyes indicates we are getting near an offer on the table as positions taken to make money on money , & all shipmates are right in this & the Biblical Kings Ransom ain’t far away .
All above in mine & Septic Lils opinion
Rums all Round
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