The 14DMA and 200DMA are getting closer and look like crossing in the next week or so. Together with this still trading above the 50DMA. All looking extremely positive.
Looks like the last four days have been the opportunity to make short term profits and flush out all the shorters. Now the really investors are back in for the long term success and just waiting on the LOI any time in the next few weeks.
Looks like tomorrow may rally in the morning, drop back then push up again like the last 2 days. It feels like a trend developing before news of the LOI comes through.
To be honest this is ready to fly any time soon, volumes are ridiculously high. Share price holding well and the shorters are panicking. As for the trolls they are just desperate.
We all know news in coming and just waiting for it to drop. When it does this will fly. It is deliberated being held back as everyone knows what is coming. 0.10p no challenge and upwards from there.
A few profit takers and tree shakes are good for the market. On the march forward - should not trade short term over shares like these. This time next year this will be so much higher.