Member Info for Yo-homes

I have been keeping an eye on NWG. simplywall street has some conflicting data on them currently. From what I've seen all banks are taking a hit in one way or another, just wondering if they will sink much lower before sorting themselves out. hard one to judge for me currently.

So from what I gather HL can sell on your behalf IF they can. I have been on the phone to them, they haven't got any information/documentation from DEV yet so they cant advise.

I am currently trying to get hold of HL over the phone, I want me shares out, all of them, walk away with whatever I get. Hopefully they can sort this shambles out.

GLA

I am glad removed my initial investment and running on profits now, free game for me now, as much as they've annoyed me with lack of comms I will weather this rocky period, hopefully they recover and walk away with the SP to a much higher figure.

Even though they have been suspended for so long they have still been chasing opportunities.

They can bang out more offers, I won't be taking them. SYME have seriously disappointed me, I will hold a lump sum of them but I can afford to loose that lump. they won't be getting anymore money from me.

being A LTH, I derisked but I still have some invested, I am not holding out great hope, if it goes to 0p oh well, I am comfortable loosing what I have invested, if it sky rockets then happy days.

While not 100% up on all patterns. just sit back and look at what DEV are offering and the head way they are making. for me this is a long haul. Been in for a long time, just biding my time letting them do what they're good at!

I must admit I am kicking myself for taking out my initial investment when I was at 200% profit. Now im sailing way higher, i suppose it is all profit though
GLA
Yo

Angus,

weren't you dribbling into soup about how low the price was and worried you'd loose everything a few weeks/months ago? we told you having 90% of your portfolio into this share was quite frankly worse than a blind man playing poker.

I went for 9k shares on placing, I am not overly concerned if I could scoop the same shares for less, if they drop a long way I will top up abit... if I am feeling brave.
Cheers
Yo

Frayan,

Littlesthobo is pushing an agenda, and judging by your response it is a flippant throw away comment.

I can see in that area is a reverse head and shoulders in March. I do not see any resistance points between here and 30p tbh, although I am happy to be corrected on that.

The signal on the MACD looks promising. as long as that signal keeps up we will be good.
Cheers
Yo

Daramuda,

Don't take guidance from me, im still a greenhorn at stocks. I am only pointing out what I can see pattern wise and what could be with some basic tools at hand. If you have some spare time i can suggest the FX course website. While aimed at FX it can be translated across to conventional markets.

Bhasha, time will tell if the Fib ext and Elliot wave theory is fulfilled.
Cheers
Yo

Daramuda,

This will explain why it is used. https://www.investopedia.com/terms/f/fibonacciextensions.asp#:~:text=While%20extensions%20show%20where%20the,the%20direction%20of%20the%20trend.

This is vlog by FX trader, I find him quite easy to understand, he explains different indicators really well ( In my experience).
https://www.youtube.com/watch?v=Y8eO54AWfNA

I only use indicators and theories as confirmation to my research and judgement. if you trust them enough you can use them to see where it would/could be best to buy in. they cannot be used on their own safely. FX traders ( again in my experience) use a 2/3 indicator confirmation to place a trade. other use 3/3 or 2/2 confirmations. the tighter your confirmation rules the less trades you will obtain over a year for example.
3/3 confirmation over a year may only yield 5-9 trades across a currency.
2/3 confirmation would yield 15-25 trade over a year
I have just realised I have gone of on a tangent, oops !
Cheers
Yo

Oh I forgot to mention ( seriously I really did forget, i'm not trying to get my post count up)

If anyone was wondering Fibonacci extension and retracements become almost a self fulfilling prophecy. this is due in large to the mathematics in the equation and the wide use of Fib Ext & retrace on market values. I have used this on FX with quite a good success rate ( Once I learnt how to use the points right). Hope this helps, in case someone was wondering.
Cheers
Yo

Mr008 sounds like they have strayed outside of the FTSE100 for the first time.... small start ups are not your bag by the looks of it. If you don't like what you see go on to something that you feel more comfortable in.
Cheers
Yo

I got curious and allied the Fib Ext & Retrace onto the LSE chart in "technical charts" the 50p target is bang on the first level of resistance. Now combine that with my previous post on Elliot wave theory this level of resistance should not be an issue to break through. But we will be in abit of a test match to get through the levels of support broken ( now levels of resistance) to get back to 39 odd pence.

Apologies in advance if I have just told you how to suck eggs and if it's common knowledge, I never was the fastest person in the world, far from it!

My 2 pence and random post for the day.
Cheers
Yo

Sit and wait, the business model is good. nothing is ever linear on the markets. buying and hold on for the ride.
Cheers
Yo

TheOneWhoSubmits, I only called it that because I cannot spell to save my life lol

Whistler; Yea no worries.

TheOneWhoSubmits; I can not remember/ have not heard of Wyckoff distribution theory. that'll give me something to read about over lunch to get a base understanding.

Disclaimer: Just in case anyone who reads this comes out with the " but it hasn't happened yet" and " you don't know". Yes, you're right, there are confirmation & voiding rules to this pattern and theory which I am not going to explain on here as there are a number of them. But if you come out with that then please look into cycling of stocks, all of which run through small, medium, long cycles. you may then start to realise patterns happen everywhere... like the Golden ratio ( just an example).

Cheers
Yo

Hi All,

I have been looking at the price chart, it sounds really stupid but this looks like a standard formation within a 5 phase pattern ( bare with me)

phase 1:- initial rise peaking high above the previous levels
Phase 2 :- initial investor sell off and retrace up to 50% of price spike ( currently here I beleive)
Phase 3 :- another long term rise ( if in keeping with the pattern this should be the biggest rise)
Phase 4 :- Retrace from the main rise ( this should be no more than 30% of the Phase 3 rise)
Phase5 :- one final but much smaller rise.

This is theoretical and I have pulled this from forex strategies. it just fits all too well within this theory. I havent done forex for a long time but I believe it is called the Elliot wave theory. Also I am happy for people to call BS on this if they so wish. Just my view point.

Cheers

Yo