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To be fair, I'm quite impressed to see the 161.8% rise clear in the close prices when looking from first rise in Jan to the peak close of 22.5. Good old golden ratio, its everywhere! Only using the historical price charts and a calc but it's visible.

Topped up a bit more today. Long term here is going to be good!

So 8.5p plus 161.8% = 22.253

Jan7th the rise started, Jan 8th 8.5p. Can we use fibonacci for time also? By March 3rd it was 22.5p

I'm now going for a 161.8% rise on the 22.25p SP peak = 58.25p

No idea when though! Maybe May..

Thanks @Ophidian. How are you calculating 18.2p to 16.4p as a 50% retrace? I think I'm missing something!

I can see fibonacci clearly on the 2 peaks. 18.25-22.5 is very close to the .2360. So I'd guess next peak is 27.8. So I'd say 27.5 or 28p would be the third peak, or 31 @38.2% or 36.5p@61.8%.

Interestingly, the high of 22.5 if you minus 61.8% gives 8.5p which is visible as a rise day on Jan8th.

Can you add 3/4/20 7am for me thanks.

Weathergeek

"Markets are supply and demand..."

plus human manipulation

Thanks guys. I didn't really want to just google it's a lot trading sales pitches that come up! I will check Elliot Waves, and the school link, fascinated by waveform.

A buy out to give us all a large cash amount when the FTSE is at the bottom and dividend's are between 5-15% on great companies.

Such great news, basically guaranteeing future income.

*consciousness* not conciseness!

I'm a huge fan of the Fibonacci pattern in life. It's literally everywhere in the universe. I'm a novice on technicals but it would not surprise me one bit to see Fibonacci patterns in the stock market. I feel those patterns would be coming from the conciseness patterns of the human mind. Our emotions, moods and decisions which are moving those prices. It's waveforms on every level.

@Ophidian, If you could recommend me one book, or author for a beginner to gain a good understanding of technical analysis. Who would it be?

Market hasn't woken up to this one yet in my mind. If it's down more. I'm buying.

It's the age of transparency. Can't wait till it is a fully regulated fully automated market, it currently is not that, especially AIM. Will be a lot less silly games. As many have mentioned on these boards, we've watched this drop and not been able to buy. A lot of investors have done due diligence here and will take those cheap shares when the price drops.

Well worth checking this vid to understand price movements with a little more insight. I'd say the MM here are short of shares more often than not and need to buy them back cheaper. They will sell you shares they don't have when buying is strong. The demand and holding from retail investors is strong with BMN. I think MM's may find themselves short of shares and need to drop price to hit stop losses and scare holders onto being sellers. Friday being a perfect example of them taking opportunities for balancing their books.

Confessions of a market maker
https://www.youtube.com/watch?v=NTdgSUqUBWA&feature=youtu.be

I bought some then.. Love a conspiracy

10 for 1 consolidaton I think..

Would have flown on that news had we not been in a crash.

Pleased with the slow rise today. Not many did.. Well positioned company for the current climate. Hopefully some big contract news will come also.

Was hitting low 20's last week on news of the progress in SA. Nothing's changed.

Long term view here so topped up another 5000 at 16.74p

Thanks!