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As previously posted we needed to rise to 37p for a confirmed reversal and for the cup and handle previously posted to play out. We also now have a 50MA cross over the 200MA which also confirms a golden cross. Good volume will get the maximum out of these technical indicators
Recent news has been very satisfactory which will lead to the company likely to be debt free during 2022. On the back of that there should be a large influx of buyers, including myself.
Bring on 2022, will be a big year in my opinion for Capita
Very little research here will reveal GGP is currently seriously undervalued.
Big money will be pouring in shortly, institutions will be loading this big time.
I'll be dropping another 10k in to this once the dust settles for an easy double bagger.
On the back of the financial results the price action here should be heading towards 40p,all I have seen if the stock fall in price since the financial results. Why would investors sell on such positive results and knowing this stock should be 50p+. So that leaves a couple of things, manipulation from MM'S or maybe insider selling, which I don't see.
Anyone have any idea on the price action, cause all I see is mm corruption
Those who see this through to a 3 to 5 year period will be the ones that collect the gold pots.
This was never a short term trade, the company will learn from there mistakes, who in my opinion got far to ahead of themselves with false promises. Once you see past all that BS the path forward is simple HOLD and let the business come in to fruition over a 3 to 5 year period.
???? RENOLD #RNO
A leading international supplier of power transmission products, announces its interim results, reporting Significant revenue growth…Record orderbook, Strong cash generation ??
https://t.co/eK4Yt2Xsdq
Renold announces that the Board has declared the half yearly payment of the preference dividend in accordance with the terms of the 6 per cent. cumulative preference stock of £1.00 each, equal to 3 pence per unit.
The dividend will be paid on 4 January 2022 to preference stockholders on the register as at 3 December 2021. The ex-dividend date will be 2 December 2021.
likely to use both brokers in the event of a large transaction.
Technical chart looks poised to breakout.
Thanks for your insight Tomo, hopefully things will pick up soon. The price action seems to be holding up well against any profit taking.
Any idea on the next news to come here.
Cheers
I am invested here after seeing the appointment of new directors. Paying off a chunk to the bond holders is a very positive sign in getting things back on track here.
What sort of time frames do other investors if any see HURRICANE share price recover. With there being better investments out there I am trying to see if this is worth holding as I would of thought we would be trading at double today's share price by now.
Not sold a dime here, will keep averaging up on the dips, until at least 5p.
If you have carried out your full DD then your know holding this opportunity long will indeed flourish in to a very profitable investment.
Having a tunnel vision mindset will bring your just rewards
Invested long here and see similarities to ARB.
The sector is hot right now and with new regulations coming in, will get that bit more hotter.
Just tapped up quite a few US millionaire friends and passed on what I know of the company. Expecting some very large buys this week.
From a technical short term perspective syme is looking good. The MACD has now crossed over, and the previous cup and handle mentioned looks to be almost complete, with the MA20 crossing the MA50 this also shows a Golden cross, with all being said SYME is looking very bullish right now.
How long will it take for this to play out is what we all want to know, next Catalyst will certainly move this, good volume will also force this movement. Looking at the chart there is a very good chance we do see something this week or next, I am hopeful this week. The RSI is also trending up so all technical very bullish.
UK Interest rates are predicted to rise.
Potentially rising from today's 0.1% to 0.25% next month, then potentially to 0.5% by February and 0.75% later next year.
Lloyd's Bank potentially could double from 48.6p as they are predicted to benefit the most.
The stock is also forming a cup and handle pattern. In price action analysis, this pattern is usually a bullish sign. The stock is also above the 25-day and 50-day moving averages.
Therefore, while a bullish breakout will likely happen, we can’t rule out a drop to the support level at 47p as the shares form a handle part.
Current pullback is expected here, stocks don't just go up in a straight line. This pullback is healthy and will put us in good stead to push past 50p. Looking at the history here LLOY likes to move in 25p blocks. I expect by next week that we will hold just above 50p range before a push to 75P and on course for 1 pound should the interest rates go up.
I just explained why I left, which was because I didn't have faith in the company due to false promises, simple as that.
Do I believe in the company now, no not really which is why this is a short term play for me based on what I see from a technical perspective.
That's not to say I wouldn't ever go long, just for now I only see it as a short term play.