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sold down twice from 262 so clearly some selling still going on. 248 looks favourite nearterm unless they move over 262

use the key levels to help you determine your decisions.
levels nearby 180, 202/204, 248, 262, 265, 272, 282, 300, 310,318

nearterm res by 262 leads to 272 test if broken. if 262 holds then 248 sup is still the tgt.

now watch this uptick. if they sell into it and price runs back to 255 and under, there is still selling to do. once upticks are no longer sold into as much, you are reaching neutral territory.

there is still selling on all upticks so folks wanting to get out are getting out. this takes time particularly on aim. once this happens it will be more neutral but you should normally expect a spike lower which is negated by a similar rally to place a bottom be it st or lt. 248 is next key support then its a long way down to 202/204.

below 265 is 248 fib then 202/204. below there 180 the level of the breakout

some smaller funds and those with a freer hand are able to pick and choose can. any esg funds will have been selling over last few days but complete reduction of positions to zero likely to be placed rather than put through market given lower aim liquidity.

bounced just ahead of 265 support now res by 282. if cannot break then tests lower to 265 again. if breaches 282/283 then 300p res.

282 support. up 300p dwn 265p

I think the shares will be in their own bubble for a days or two and will take that time to recouple with the main market. Company specific issues are going to have 90% of the attention of the market for now, disipating with time as the recoupling takes hold. I'm not to keen on shorting here so late in the day, but the capping 200dma should lead to some selling in the morning and the reaction there will provide the signal as to how the shares will then perform for the rest of the session.

youve had the quick bounce on stops under the 200dma. the good news is its still respecting technical levels even while seeing losses. brokers are mixed, as youd expect, but most suggest long term margins won't suffer. the near term may see supply overhang from any funds exiting, although bigger size should be placed and its unlikely many will want to sell on downticks, preferring to wait for a bounce. 282/300 marks a range for now, below the 50% fib is 265, while abv 300 you have 319. more negative press should be expected tomorrow but the shares should then recover a little from whatever low is made in the morning. then it makes tomorrows close north or south of 200dma important.

200dma by 3 quid. key pivot at 265. stop run towards that in a fast market can see anything under 3 quid erased.

your range is now 319-321 to 339-341. moving outside of those expands the horizon in given direction. whichever side you are trading i believe those are the zones you should focus on.

now looking at 319-321p for next bounce, with a cap at 339/341. below that you are looking at 295-311. a close below 341 today will make tomorrow soggy. any large holding will likely place while small reduction will go through mkt but nobody wants to sell on a downtick so it will mean there will be some supply over coming sessions one would expect.

u misunderstood what i wrote. think as it as a "if" "then". i said this morning 341p first then should bounce. we have had this bounce now its between 341 and 360. if above 360 then 385. if below 341 on close then 300-320.

we had a nice bounce off techs near 341, watch this level if share interests you. on a close belwo there, they are going to 300-320p. above 360p and the shares will try to hit the 385p resistance. so those are the levels. brokers will be releasing updates today which will have an effect today and tomorrow.

what folks say and what they do are two different things. gernerally to look good folks will say one thing but finances may dictate they do another. i suspect this will be the case because they are not too many alternatives for them at the same money. as for the company, you expect margins to get squeezed, i wouldnt be surprised to see some notes on this later in the day from brokers, but i wouldnt be surprised to see buys reiterated either. sp targets you expect will be lowered however.

gap now filled. if stays above 340 it'll drift back upa bit. if they keep it below 340 then can see close to 3 quid today or tomorrow.

"older" folks might but yougsters won't. they pretent to care when it suits them, but behind closed doors it's me me me.

341p first after that you'd expect higher