RE: 3.2p28 Sep 2021 21:08
"The" seller, Yanis (with respect and not to create animosity,) could quite easily be lots of individual people (pi's) exiting.
However we cut it, the latest update wasn't "amazing".... it was "ok".
This is, I have eventually accepted, a stock that will take a lot longer than anticipated, to recoup to some reasonable value. I was, a little naive perhaps at the time, despite the initial, rapid imporovements, of Eve.... blindsided, as many of us were and still are, that Eve should be worth over 10p sp already.
How's this then, for an analogy...... some on the left (politically) had Corbyn as their new guru, "the almighty" lmao (despite him not being religious as far as I know.....). Believed totally that his fresh (but old) narrative in labour and general political stance was a given..... however, when it came to the crunch.... he could only muster up a few "die harders" and came crashing down with an enormous dollop when it involved everyone to make the decision of who to run the country.
Now.....Eve is far from a disaster, but it's also far from a raging success. It's simply "on it's way" which means that it'll have followers that will jump on and off the merry band wagon until Eve are more stable and going from strength to strength. There are...still many wounds to heal and this isn't just about what's on the plate...it's also what's "been" on the plate (Woodford) for example.....he's a stain that I dearly wanted to believe had gone but perhaps the market overall is still cautious. Once bitten twice shy could be another analogy.
With all of this in mind, I also look at the TA side..... not saying I'm an expert, but combined algorithmically, what I'm seeing are very similar.... despite what some on here might say..... whether it's hourly, 5 hourly, daily, weekly or even monthly...... it's pretty much coming back with sell, sell, sell..... sorry, but the market doesn't have the confidence yet until........ from what I can see the sp has made a marked dent in the 2's (2.9's to 2.5's) possible revisiting 2.2 regions which, yes, I know, sounds literally criminal.
That's what I see...... and crazily enough, isn't meant to sound bad, negative and super de-ramping.... it's merely where it needs to go for now..... then...... a path to recovery. If you're thinking of investing, topping up, etc...think twice first......
All in my pragmatic opinion. Gl whatever you decide and I am still an interested PI