Member Info for wyndrum

Interesting they are inviting strangers/members of the public, to the plant....

Why would you do that?

Well, imo, you WOULD NOT do it if you had nothing to show...

Ergo, when big news breaks about this paradigm leap in Super Cap technology, people will say "I've been there, you know"...

Seriously, I can't see why there would be any encouragement if the company was not going to be on the move tech-wise... (Dyor etc)

So we closed on .36p which has allowed the Relative Strength indicator to fall from over-bought at 78.63 to 68.77.

(A couple of trading sessions ago when it was at .36p, the RSI was at 74.89, so you can see as it falls it unwinds.)

Anyway, it still has 2 options tomorrow as always, and even though the RSI has unwound its still quite high, but with this momentum I think there is more chance of it going up than down, esp as it has gone back to a short term level to test it out. Traders looking would see this as a reasonably buy in level. (The next one down is .30p)

So I'm happy that a fall has been registered early in the week and will be happier still, when it goes up to take on .41p properly

Given the recent strong momentum it would look to be around 75-82p

( jane is correct imo to highlight the range she did, but I still think a retrace is more likely than not in the short term, which if it does fall back then I think the 57-66 range will go quite easily on the next buying wave and therefore don't see it as "significant")

Chris. This is what I specifically said to you:

Chris, I can't "win" here on declaring or nor declaring my holdings, so it becomes pointless. If I tell you I bought in at 33p when 32.5p held then no one will believe it if then rises and I get branded a fantasist liar. If it falls, then I just get the posters ridiculing me for buying in and then losing money . In either outcome it doesn't matter to me but it is tiresome, not just for me but for others as it helps clog up the board.

So, periodically, If I feel a particularly important level has been reached from a TA perspective I will mention it, in case it is of interest to any others here.

What I do makes no diff to anyone else accept me.

Since then I have continually remarked about the significance of 32.5p as breakout figure.

How you draw the conclusion you have with all the information I supplied is based only on your bias and presumably wishful thinking. Hopefully you are bit more detached and analytical when picking stocks to invest in.

Honestly everyone, there is no big deal here.

The stock has shot up recently and gone into "over-bought" status.

Therefore it HAS to come down so it can go back up further. The sooner this happens the better.

It closed yesterday at .40p. Lets see where we close today

Its just a bit toppy at the moment, needs to retrace a bit (unless we get a RNS), and then it can have a proper go at .41p

Iv'e got this telescope...22p... clear as day...(I got it at knockdown price from NASA when they replaced it with their Jimmy Webb thingamajib latest gizmo)

Hi Van,

3p schmeepee.. ..cast your eyes up further to the horizon.... see those blue sky's? :0))

(Yes the Chart on AVCT eventually turned at 32.5p (for me anyway)

No mention of 22p per share target then..... hmmm.... obviously a very cautious man....

Morning Van,

regarding the 1p mark I have no idea when and as always from a chart perspective its a series of steps.

The .42p is a big deal. Its the highest in just over a year ago and could be argued to be the top of the bowl formation rather than the .36p figure referred to previously.

Once that goes that 1p is not that far off (well .9-.95p but hopefully that close enough).

There will still be some down days to get us there unless there is out of the ball park news.

But for now I would be delighted to close and hold at say, .43p sometime next week.

(The other caveat is that charts are more accurate over shorter time frames, so the further you go back the less informative they are likely to be.)

Over the coming days and weeks the new highs, lows and closing prices will be a better guide for the likely odds of guessing the next, short term move.

Well you'd guess wrong Gary, I bought in at .13p and topped up at around .18p and have an average of .015.

I have just shy of 10m shares which are up by 140%.

I post this so you have the facts. If you chose not to believe me thats fine.

So there are two numbers quite close together: The .36p Bowl chart pattern, and the longer .41/.42 high resistance point going back over a year.

We closed at .38p today so it feels that the "Bowl" pattern is done. There were some half hearted attempts to have ago at .40 plus, but came to naught. However I find the RSI a reliable indicator in these small cap stocks and its running at 77.1 which is pretty toppy so a pull back to .35.36 could happen or we do get a decent break up to about .45p (which will make it very over bought!) and then it fall back to test .41 ish and unwinds that way.

One way or the other (if no new news comes out) its got to fall, whether or not it can wring out another few % point up is imo a bit moot.

I suggested earlier this week that a buy in/top up around .37 buying price would probably work ok and nothing that has happened since has altered that view. Whether or not that opportunity is still there is harder to say.

So its been a great week and the move, as we can see now , has been underpinned by the increased holding.

If new buyers are looking to get in it won't take much of a fall (from whatever level), to encourage them to take action. (imo dyor etc)

The chart has worked out pretty well with the trading range figure of 38p easily dealt with. 42/43p was much more of a resistance level and equally easily breached.

The continued sharp move up has pushed the stock into "overbought" territory with the RSI at 82.94 suggesting a retrace is more likely now than further upward moves. The obvious place for the stock to unwind to is that 42/43p level and for those that missed the initial upward move or want to top up, is to wait to see if that level does in fact appear.

It still looks to me that the low 70's is the near term target before new, more fundamental, news is released.

But who knows.

I think it likely unless there is an RNS on Monday

Thats right PP, this is a potential resistance level so it is understandable some are cashing out this point.

I think all it is, is that Ice, transfers his emotional state to his posts and thinks that then becomes FACTS.

He always posts his opinion as a factual certainty, which of course its not but there you go, each to his own.

That why I put it in quotes. Clearly the fact the board was minded to accept it suggests informally thats what the two parties had agreed.

What Sidara are saying now that they need to re-look at the numbers due to no doubt, uncovering further information within the investigation.

Who knows how it will pan out.

" it’s looking more like Sidara’s frustration is boiling over and all this media noise feels like last ditch pressure."

I have no idea how you draw that conclusion other than wishful thinking.

Who says Sidara is frustrated? What last ditch pressure? They have an "accepted" 35p offer. Now because the accounts may look worse than they thought due to the FCA getting involved they update the market via the FT that they may review the offer, well, wouldn't you?

The cost of investigations with unknown results will cost millions and tie them up for months, that could have an effect of future contracts if customers worry about being associtated with such a company.

I imagine both Sidara and Wood are in close contact with the FCA and the auditors to see how this is developing. If Sidara then make this statement it is imo just a heads up to what is likely to happen. Whether or not they do proceed or the bid is rejected or whatever the outcome is, I don't see how your interpretation has any factual or even logical, basis.

Those are always the 2 options, Picking the right move is the trick.

Its just an odds game. Right now its finely balanced.

Well, we closed on .36, so a lovely, almost perfect symmetry to the 12 month bowl formation.

Two options tomorrow, rise or fall. The RSI is at a toppy 76.61, so in my experience there is still a little room for further potential upward movement but its getting to look over bought.

If I had to guess it will go though and close around .40 give or take and then fall back to .36p as a test of the, what would be now support of .36.

If I am right it still makes where we are right now, a half decent place to buy either as a top up of to get on board now. Either it goes up and you get in here now, and it does not fall all the way back to .36, giving this as a good entry point, or it does fall back to .36, but you are no worse off because you are already in.

The 2nd option is that it falls from here to unwind a bit before having another go at breaking it and you wait before getting in. The danger with that is where does it fall to? The chart say .30p (20% fall) but it might be a small retrace to .33/.34 and then takes off...

The trader will have their own risk reward system to look at these possibilities and decide which one ultimately balances the risk to the overall reward.

Interesting day tomorrow, even though it may turn out to be a less exciting one. (just my opinion, dyor etc)

You are probably right Van, The SP can only go so far on no news.