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We’ve had weeks of sideways consolidation right on that multi-level resistance, which usually means one thing — pressure building before expansion.

The fact the recent placing came at market price (not a discount) suggests confidence from those closest to the action, and it’s keeping that 10p–10.5p zone rock solid.

Once Guidant’s announcement drops, we could easily see that momentum ignite — the technical setup’s already built, and the fundamentals are finally catching up.

All signs point to this next leg being decisive — the calm before the move ⚡

Here's a chart to explain the sluggish price action.

Multi layered levels of resistance = sluggish price movement. TEK is currently in that zone, holding up and not being rejected so far. Multiple tests of that resistance has now weakened it, a continued amount of sustained pressure will eventually see a breakout.

https://docs.google.com/document/d/12AXekfMiPgzH3NpokvrMCCTe8l0QNIoxjFLNspCK61w/edit?usp=drivesdk

Undercarriage:

I can see how it might appear that way. However, when we look at the chart's structure, the consecutive green candles, volume, and higher lows strongly resemble the patterns seen just before the 2021 surge. This technical observation, combined with the fundamentals of Tekcapital's portfolio and the upcoming Guident IPO, suggests a potentially significant moment for the stock, rather than mere speculation.

Correction: typo in my earlier post — I meant the 2021 run carried TEK above 35p, not 25p. Apologies for that. The key levels remain: 12p, 13p, 15p, 17p, 25p, 35p.

Tekcapital is now pressing firmly against the 10p resistance, with a cluster of consecutive green candles building serious momentum. The last time we saw this kind of structure was in 2021, just before the explosive run that carried TEK above 25p.

We’re again seeing tight consolidation, strong volume, and higher lows — classic signs of accumulation before a breakout. A clear move through 10p–10.5p opens the path to resistance levels 12p,13p, 15p, 17p, 25p, 35p marking the top of the structure.

History has a way of repeating when the fundamentals align — and this time, Tek’s portfolio strength and the incoming Guidant catalyst could be the spark that ignites it.

Sometimes it’s hard to see past the short-term noise, especially when the price feels stuck. But Tek’s story is still being written.

Every company under its umbrella is growing, Guidant is on the horizon, and the groundwork laid through years of dilution is now starting to bear fruit. The tide is turning — and when momentum shifts, it often does so fast.

Patience here could yet prove very rewarding. 🌊

Here your see the full chart structure of Tekcapital.

You can see the clean break of its downward wedge.

The resistance double bottom necklines are where you will see pullbacks, here we need healthy retracements, the same can be said for all shown key resistance levels.

The first structure of the shown double bottoms, will act as a magnet, pulling the stock towards completion, assuming all is successful.

To conclude, breaking that wedge was a key signal that this reversal is now underway. As long as healthy pullbacks occur at key levels, I see no reason why the full structure over time will not be completed.

The fundamentals and technicals are now starting to converge.

Chart

https://docs.google.com/document/d/12AXekfMiPgzH3NpokvrMCCTe8l0QNIoxjFLNspCK61w/edit?usp=drivesdk

TEK is finally showing signs of strength after multiple rejections at 10p. This time, the price is holding firm, with buyers absorbing supply and pushing the ask toward 11p.

If momentum continues and we close above 10.5p on solid volume, it could confirm a clean breakout - signalling the next leg higher. All eyes on this level now… the decision zone is here

On past performances at the 10p key resistance, sellers stayed in control and Tek drifted back to 7/8p.

Now For the first time, TEK is holding 10p, consolidating, and repeatedly nudging resistance. That’s bullish behaviour — it shows supply is being absorbed rather than triggering panic selling.

Breakout looming 🚀

That 10p Resistance is much weaker now, the sustained movement against it, is pleasing to see.

Keep knocking and we're be through the doors before you know it 👊

Key resistance areas to watch

Near-Term Key Resistance (around 10p)

This has been a significant point of price reversal and a sustained move above it would be a strong indicator of a new, stronger uptrend.

52-Week High (around 10.75p to 11.00p): The stock's 52-week high, which has been in the range of 10.75p to 11.00p, represents another major resistance level.

Breaking through this point would suggest that the current momentum could continue and potentially move higher.

Analysts' 12-month target (13.70p): At least one analyst has set a 12-month price target of 13.70p.

This provides a potential target level for the current move and could act as a psychological resistance point for investors.

Summary

For TEK to reach 13.70p, it will first need to convincingly break through the 10p resistance level. After that, the 52-week high around 10.75p to 11.00p will be the next major hurdle. A move towards the 13.70p analyst target would indicate strong underlying momentum.

Tekcapital (TEK) – Full Technical View

Tekcapital has been consolidating in a long base around 8p after a prolonged downtrend. Price is now forming a rising wedge with higher lows, and momentum looks to be building.

Key Levels:

Support: 8p remains the near-term floor, with strong buying interest evident on dips.

Resistance: 10p is first key resistance. Major breakout level sits between 12–13p.

A clean break above 13p would complete a large cup & handle pattern, which is a classic bullish continuation setup. The technical target from that breakout points toward 19–20p.

Potential Roadmap:

Breakout through 10p → first move toward 12–13p.

A close above 13p → momentum likely accelerates to 16p.

Expect possible consolidation around 16p as the market digests gains and waits for further Guidants news.

Sustained buying pressure could then push toward 19–20p in the medium term.

Downside Risk:

Failure to hold 7.5p would invalidate the wedge pattern and risk a retest of 6–6.5p support.

This is one of the most constructive chart structures TEK has shown in over a year — a breakout above 13p could unlock significant upside and potentially start a new bullish cycle.

Index inclusion demand

When a stock is officially or unofficially known to be entering an index, index funds and ETFs must buy shares. That creates demand ahead of the inclusion date.

Front-running or speculation

Traders and smaller institutions see the upcoming index change and buy in advance, hoping ETFs will push the price higher.

£5 is also such a key psychological and technical level for GGP.

Once it’s cleared and confirmed, the path above that should be far cleaner, as most of the historical resistance will have been absorbed. That’s often where institutional momentum kicks in because it signals strength to funds waiting for confirmation before scaling in. You’d probably see bigger money chasing the move at that point.

Added a considerable chunk 💰

Projection Based on Recent and Upcoming News:

Bullish Scenario:

Sustained Breakout above 10p: If TEK breaks decisively above 10p with strong volume, it would confirm the breakout from the long-term wedge pattern. This could trigger further buying from technical traders and momentum investors.

Guident IPO Progress: Continued positive news flow regarding the Guident IPO (e.g., successful roadshow, favorable pricing) could further fuel the bullish momentum.

Narrowing Discount to NAV: Positive news from Guident and the potential for a substantial re-rating of TEK's assets might start to narrow the discount to NAV, driving TEK's share price higher.

Positive Market Sentiment: If the broader market environment for tech IPOs remains favorable, this would also support TEK's upward trajectory.

Bearish Scenario:

Rejection at 10p: If TEK fails to break and hold above 10p, or if the breakout lacks strong volume, it could signal a false breakout. This could lead to a pullback as momentum fades.

Unfavorable Guident IPO News: Any negative developments regarding the Guident IPO (e.g., delays, lower-than-expected valuation) could negatively impact TEK's share price.

Broader Market Weakness: A downturn in the broader market, particularly for tech stocks, could also negatively affect TEK's performance.

Overall Projection:

The Guident IPO news has injected significant bullish momentum into TEK. The technical chart is showing signs of a potential breakout from its long-term wedge pattern.

The near-term price action will likely depend on:

The strength of the breakout above 10p.

Continued positive news flow regarding Guident's IPO.

Broader market sentiment towards tech IPOs.

A sustained breakout above 10p, accompanied by positive news from Guident, could create a strong bullish signal for Tekcapital. Keep a close watch on volume, which is key to confirming a breakout.

Appreciate the replies 👍 — I really do hope this plays out the way we all want it to.

I’m just being realistic and managing my risk — holding for the next few announcements as planned and then re-evaluating.

If QBT deliver on the partnerships, I’ll be as happy as anyone here to see this rerate hard. If not, at least I’ll know I made a measured decision either way.

GLA — here’s hoping the next news is the one we’ve all been waiting for 🚀

That's why I said I will hang on for the next few announcements, before making a more informed decision, but my patience is running thin.

I've been in this game to long to know if success will materilise.

Let's see what happens, as I truly hope that success does come through the doors at QBT, but everything for myself does have a time expectancy.

I’ve been invested in QBT for a few years now, and I had extremely high hopes that the proof of concept work would have led to partnerships by this stage.

Unfortunately, we still have no revenue, no confirmed partnerships, increasing dilution, and legacy court cases hanging over the company. The share price is back where it was a year ago, and the short exposure seems to be growing.

I’m willing to give QBT a little more time, but I’m now close to selling all or most of my holding if we don’t get a meaningful update soon.

Regular communication and progress updates would go a long way to keeping long-term investors like myself on board — but without that, confidence continues to erode. The company needs to deliver substance, not just promises

Current & Future Outlook

Current Stage (2025):

Technology: QBT has three “methods” for improving Bitcoin mining, with Method A reportedly capable of up to 160% efficiency gain. Proof-of-concept has been presented, and the company has publicly stated it is in talks with several major mining firms.

Financial Position: Still no revenue. The recent €50m intercompany loan write-off and balance sheet clean-up look like preparation for commercialisation. But dilution is a real risk, as salaries and development must be funded somehow.

Communication: Investor frustration is growing due to limited updates. Lack of clarity creates room for speculation and share price volatility.

🚀 Future Projections (Bull Case):

Partnerships: If QBT secures one or more partnerships with top mining companies, we could see a rapid rerate of the share price. Even a small licensing deal could be transformational given QBT’s tiny market cap.

Domino Effect: Early adopters could force others off the fence — if Method A really works, miners cannot afford to ignore it. That could lead to multiple agreements in succession.

Valuation: A significant partnership would justify a much higher valuation. Your 25p target is realistic if QBT moves into revenue-generating deals.

⚠️ Bear Case / Risks:

Delays in partnership announcements create doubt and erode trust.

Competitors may find similar solutions, reducing QBT’s “only player in town” advantage.

Prolonged cash burn without revenue means further dilution.

CEO’s track record with Clear Leisure still casts a shadow — execution risk is high.

Overall Verdict:

QBT is a high-risk, high-reward play.

Right now, it is in make-or-break territory — either partnerships land soon (potentially triggering a domino effect and a rerate) or investor confidence collapses, causing more selling pressure.

This is not a steady hold-and-forget stock — it’s one that requires active monitoring and a clear plan for taking profit or cutting losses. The next 1–2 updates will likely decide whether QBT becomes a genuine commercial success story or another AIM disappointment.

Glad that breakdown was helpful! Sometimes cutting through the jargon of a document like an S-1 is the most important part.

The key takeaway is that Guident is following a very standard procedure for a growth-stage tech IPO. The questions now for the broader community are:

Valuation: Given the disclosed financials (including the deficit) and the use of proceeds, what valuation do you think is realistic for Guident's IPO?

Risk vs. Reward: How do you weigh the risk of investing in a pre-profit tech company against the potential upside in the rapidly growing AV and remote control market?

Impact on TEK: For existing Tekcapital holders, how confident are you that a successful Guident IPO will meaningfully impact TEK's share price and help close the gap to NAV?

Market Reception: What are your thoughts on how the market will receive this IPO, especially given past performance with BELL and SALT?

Let's hear what others think about these findings and what it means for Tekcapital and Guident going forward.

Just to confirm I do not write this fast lol, as others have stated already, help finding answers, is mostly obtained from AI.