Member Info for wyndrum

This is as calm a sea SP wise as we have had for a very long time. and fwiw, the chart is poised to break out one way or the other in a very tight range now. a close above 125p will do it or below 121p (At 124p currently there would be a bias to an upward breakout expectation as its closer but as its obvious to see, its tight.)

Apple, I'm afarid its likely to continue to do this until we have some solid good news to start driving momentum. We have had a couple of rumours which propel the SP for a brief while but when no real news confirms the rumour, it falls back again.

I think you have to realise there is a huge lake to fish in with other stocks that are "about" to break news to, so its understandable that funds will exit AVCT to try take advantage of short term opportunities elsewhere.

The money will flood back in when we get a breakthrough RNS.

Might still be a month or two away on the AVA6k but HUA has still the potential to surprise the market I think.

If you have hung on this long it shouldn't be too much longer now. (imo, DYOR)

FTS, wasn't my thread. As usual your interference adds nothing other than makes the BB that little less readable than it was before, but you just can't help yourself, can you?

See, 4 pointless posts with two equally pointless replies from me. If only you and Marik had not bothered to post IN THE FIRST PLACE, (just for emphasis), then i would have nothing to respond to.

Just filter me and then its done. Why not do that? What, you don't like my opinion on AVCT?

Thats ok, we can debate that, but you can't because you have been wrong on your analysis up to now so you revert to childish insults and then pretend its all for the good of the BB. How's that working out so far?

You make my point perfectly Marik, cluttering the BB up with dross. You did it over the weekend as well to presumably bait me. So you don't want me to post yet you repeatedly ask me to post?

Or GJE, you could not respond to their posts in the first instance, or if you do, don't add any personal slight or insult to your post. perhaps a little more civility might go a lot further than you think.

The problem is many posters here somehow feel it is their right to be rude and offensive to others who they don't agree with and then get very put out where there is a response to it.

As you all know this and therefore know the solution, it does beg the question why all the same culprits continue to do it.....

Just always remember who starts these mindless stupid and insulting threads would you when you all get so tee'ed off with it that you feel obliged to post with more pointless posts anfdthreads.

By never calling the rampers out you give them encouragement to carry on with their infantile behaviour.

You have got the BB you deserve, so I suggest you stop complaining.

DGU: the only thought I had at the time and this is very much me as a person, is that I would not want cannabis oil wafting around the bedroom. I think cannabis as a drug is more addictive and harmful than generally portrayed and am genuinely aghast at the push to legalise it.

Right, so that me, its just my view as an old fogey.

Why i think it might be relevant is because CC has moved away from internet advertising and concentrating more on the "old" TV format. Why? Maybe because the EVE demographics is more my age group than the 20-40 age group and I still watch TV and don't smoke spliffs.

Therefore rightly or wrongly, i associate Cannabis oil with Spliffs and its not for me, so maybe the link is not as good for EVE as it initially looked when we had all the hoopla of the original announcement.

(Just exploring that if I am maybe a typical EVE customer then maybe there are other EVE customers with the same view?)

It would not stop me buying (and indeed it did not), but if over time, EVE became closely associated with CBD then maybe it could have an effect on public perception? Just my initial musings. (Probably a lot of old rubbish!)

The chart looks good, well very good actually. 58p looks ready to come under attack at any time now I think. ( Just my opinion. DYOR)

I posted this back on March the 4th when the RNS came through on the delay of FDA approval and it was the start of some relatively mild personal attacks simply for forecasting my view of what was likely, which eventually led me to stop posting here to not upset the general tone of this BB

"....and now at least what? 6-9months before any movement from the FDA....." (Sept-Dec)

So fingers crossed now it won't be long. AGL with its slow (but sure) climb has turned into my largest holding by value, which hopefully is soon to catch fire.

Hopefully this won't antagonise too many here.

It doesn't follow Sparky.

Some traders are reasonably adept at selling on recent highs and buying on dips. (Just saying)

Morning D, just a bit devils advocate: EVE is a safer bet than HE1 right up until the time EVE says its bankrupt. (Now, I am not saying for when second that's coming, but the difference between the risk profile of HE1 and EVE might just be timing.)

The comparisons for the 2 companies are hard to make as they are in different sectors. However similarities are certainly the expectations of both companies from their respective BB's , unfortunately iust to date have not been fulfilled by the actual companies.

Both offer potentially good rewards from their current basses.

Of the 2, EVE seems to be a much slower play and therefore if both companies succeed it is likely that HE1 (in this example, may give faster returns).

Risk/reward is always a judgement as the individual is trying to divine the future.... Not a particularly easy thing to do in my experience.....

But who knows.

Blimey Zengas, (et al) you carry on like this and I might turn to the dark side of FA! (Yikes....!!!!) (good post, thanks)

A couple of ideas Girlie, I think history has shown the w0rld that recessions are very bad things. And as everything is much more global and interconnected than ever before I think the severity of future recessions will be much less than we are usedto as govts will simply print money and fudge figures to avoid it. (My rose tinted's are based on the financial crash and covid. The amount of money spent in both those huge events I think demonstrates that fiscal prudence has been consigned for now at least, to the dustbin, and the more global banks and govts that spend these vast sums means that no one can let them fail, so it should in theory just carry on....)

However if my head in the sand view does not wash, then perhaps you need to put aside a proportion of your investment capital to wait for the crash and then pick up some bargains. (The dilema of course is that there is a pull to invest 100% now to make money while the sun shines and sell next week, next month, next year to give your "recession fund" even more fire power for when it happens.... Its tricky, this investment malarky....)

You didn't need to post that Wolfie, so that was very kind of you to say.

Fingers crossed for all of us here that this goes well. atb

Rum,

First things first.

The RSI can be over layed on any time frame from 1 minute upwards. Every different time interval will generate a correspondingly different RSI figure and therefore pattern.

I use close of play figures because I am in it for the (relatively) long term, ie several weeks, so its not helpful for me to use intraday RSI figures and patterns because it is working on a time frame that is too short for MY time frame (ie many trading days).

If I was day trading then yes, I would use intraday time intervals and over lay the RSI with them. This is very important imo, matching the time interval to the length of time you expect to hold the stock.

Now for the contradiction:

This is is quite personal and based on my experience and judgment so I am not in any way recommending this.

However I will look at intra day time intervals if a stock has fallen to, or around a support line because 2 things are going to happen: Either the stock will carry on falling through the support (and therefore I don't want to buy as I can only go long), or it is going to bounce off the support line and reverse upwards.

Reversals are the most profitable times to buy as you are getting in at, or very near, the low before it reverses and moves up and away. Because of this reversals are the hardest to spot and profit from. Because of the profit potential I will look to see if a reversal is likely and there is a pattern that the RSI makes in conjunction with the SP that says a reversal is likely underway.

Because a reversal will happen during trading hours I have to react during the day and not wait until close of play, hence I will on occasion, use intraday time intervals. But I must stress this is a higher risk straegy and I would not recommend this to anyone unless they were very familiar and experienced in all things TA (I'm not trying to big myself up believe me, because I have made every mistake in the book to get to what I am comfortable with now with over 20 years of using TA. it doesn't take 20 years of course but nevertheless you do get a feel for whats happeing if you just keep staring at prices hour after hour, day in and day out.

Now, that may sound boring to some and I would not argue that its not, but for me its very absorbing. The best analogy is like a 5 day cricket test. There are lots of little by-plays as the game unfolds and the advantage can swing from one team to the other and it is exactly the time invested in the 5 days that makes the final outcome so rewarding, and so it is for me in TA.

Morning Rum, This is definition: "The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100."
So assuming you are right and we have lots of up days then you are right to assume the RSI will be near or in the over bought area. However its not a straight line thing:

For instance. Say we have a 5p rise (more than double the current SP) in one day. (that would be nice!). The RSI could easily be say 95 so very very over bought but it might (probably would), induce some profit taking and the SP the next days falls 1p that then might bring the RSI back to 65, and allow a 1.5p move the following day so now we are back to 80p but the SP is now 9.5p.

All the above numbers are just made up, but I am trying to convey the example that the RSI is not a linear indicator.
So again as a crude example the RSI won't based on a 1% move = 10 points every time. it reflects momentum. Thats the point.

On a strong move up small retraces quickly allow room for further gains .

(It works the same going down too and on both extremes you have to be careful.)

HE1 as an example in August:
RSI 53.9 (Plenty of room for expected upward movement ) SP 26.05p
Bad news RSN
SP crashes to 12.5p RSI 23.58 (Technically not oversold)
Next day SP 11.3p RSI 22.44
A brief rally and then a couple of days later
SP 8.52p RSI 28.46

So although the RSI was 23.58 at the end of the day of the crash, a few days later it had devalued another 30 plus % to 8.52p but the RSI was higher at 28.46, leaving room for further falls. (Its been bumping along the bottom at around 7p and is now 6.78p with an RSI of 33.76p

So its all about momentum.

Its one of those experience things, the more you look at it and chart it , the more you get a feel for it, but as indicators go I find it very good and by good I mean it works more often than not. which is all TA is trying to do, is an odds game. When any or some indicators line up is is just increasing the odds of what is most likely to happen next. Its not guaranteed and it does not pretend to be so.

Sorry it all gets a bit dry and wordy which is why there are so many books on all the various indicators that are available I guess. (And I am not an author that would be much more concise and clearer I am sure!) ATB

Schh Staffy.... I have already done that... but thats just between you and me... Mums the word, eh.....

Thats kind of my point Kevin, the 2 things are completely separate (to me). I am grateful to all discoveries and inventions that help improve and save lives, but thats nothing to do with the SP.

When i buy stock (of any company) none of it goes to the company in question, I am just buying it off a middleman who bought it off a seller.

If I am so concerned with what the company does, I will give the money directly to them or a charity that works in that field.

If you make money out of your investment in SYN, none of it will go to them, so why have you bought SYN stock?

I am not trying to be argumentative but just to make clear that my hobby is this, and if I do it well then the spin off is I make some money. The vehicle I use to do this (ie the companies I choose) are irrelevant to me.

Doc, demand does not equal the use of the SYN product. (I have this discussion on the AVCT BB. There is a demand for testing but if its not the AVCT test being used then as an investor I really don't care)

There could be 50m people who need a product like SYN are trialling but if at the end of the day they are beaten to the punch by a competitor then how does all that demand help us?

My views can rile people, its not deliberate but all I have done is buy a slip of paper (Share certificate) that I hope to cash in later at a profit. I really don't care about the company per se, just the SP. And the SP and the company are not the same thing, and are only distantly related at any given time.

I try pretty hard not to get emotionally caught up in either the highs or the lows that a volatile SP can generate.

To me this is just a puzzle that I try to solve like a difficult crossword. Can I buy in low and sell high? Can I do it repeatedly?

well, the slight retrace yesterday made room for the rise today and the RSI is still at 70 where it was when the SP was 4.15p on Wednesday, but here we are at the heady height of a closing price of 4.28p.

Onwards and upwards by the looks of things. Good weekend all.