The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
When I saw your first post, firstly I thought oh fook he's back and after reading it, I actually thought it came across semi convincing as a post full of doubt. However you continued to post which had the complete opposite effect. You came across as calm to manic. In a few posts. Please tell us honestly did you get greedy and not close it?
Looks like all the ol faithful indicators are about to do their crossing. Going by 4hr and 1d time frames. There was a chart posted last night that was bang on!
Pinch of salt and all that but it is looking very very likely it stays true.
Peter,
I think the fall below 5.00gbp we can all agree to ignore, it was an unhealthy spike. The same can be said for the spike touching 2.37gbp. True value in stocks rarely are seen, especially on AIM. However taking into account how much money NCYT are making which has been highlighted time and time again, I think it's very fair to say that the bulls are actually taking advantage of the bears here. It's a perfect example of this, it's in a bulls favour for the price to lowered and fair value before taking the next big leg up. These big trades you see are not Tom dick and Harry, they are investors that are in the know. No one through 175k for example to make 10% the invest to make money. NCYT is an investment veichle genuinely because it makes so much faring money.
Software can tell you it's bearish for sure but the amount of buys vs sells tell you it is bullish. Simple investing 101. Consolidation, refresh, invest = profit.
I've said it before and I'll say it again.
This is text book, it's obvious looking at the simplest of indicators that this will move. It's not possible for any other direction currently.
Pinch of salt and all that