RE: True Situation - Massive Potential Here.....16 Jun 2021 12:49
@eatstocks, I don't which pattern you are looking into.
The daily trend shows "descending channel pattern" from 01-Mar-2021 and not wedge. Generally descending channel patterns are short term bearish which pulls the stock to lower levels, but a long term uptrend continuation is most expected after descending channel pattern. We have to break above the upper trendline of the descending channel, as we speak breaking above 41p this or next week show a bullish long run.
Let us see how it goes.
Waiting for upward movement is key, but if risk more risk appetite why not grab some before it starts moving steady up. In my opinion, 75p to 90p is most feasible in 2021. Just a bit of mass BUY momentum needed here.