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Hi Jamrock , I don't think this is in freefall as this has good support at this level . If you read the charts back to August 2021 you will see good support around 0.90 after which it spring boarded ,then again in December 2022 it spring boarded from 0.90 and once again in mid October 2023 A support line is normally tested 3 times for confirmation before it springs up to new heights .Yes on british Bulls it says to short but only last Friday it said to buy so this changes almost daily
I strongly believe we have good support here once again after which we will reach new heights Everyone is trying to get into this at the lowest price possible ,but they are trying to buy in
You also have the day traders buying in at a million shares at at time and then selling the same day which roughly makes them £1000 per day so cant blame them . Yes we are all waiting for news because this share will catapault , but before then this share price will start rising in anticipation . The charts look good to me ,but will say to cover myself PDYR but good luck to all
So here we are again for the 3rd time this year testing support at around 1.00 GBX which is no surprise as its normal for the market to test 3 times before it hits new heights If you look back at charts for the last year each time it tests at this point it might dip to 0.85 briefly and as soon as it does all the big Institutions ,Banks , high profile investors buy shares up in the millions normally the same day and thus rocketing the price up to new heights over the coming days weeks .
Along this we have Bitcoin climbing steadily at the moment around $43,00 USD and climbing . We then have QBT in negotiations and testing so hopefully soon a good RNS to come over the next couple of weeks ,maybe even days , nobody knows . The next few days will be testing on even the most seasoned investor but I think we have all been here before if not with QBT but with other Shares as well.
Newbies will probably have left by now and any shorter's left will soon be gone once they have reached their targets and hopefully soon this will rise to new heights and therefore good luck to everyone that has held to reap the rewards This is my opinion therefore please DYOR as I will not be drawn in to any arguements back and forth like many on here and GLTA
Pete968, its par for the course that these got taken down to around 1.00GBX , but don't worry these will springboard back up soon to newer heights . Last time it went from 0,85 straight up to 3,60 just hold on to your hats and have patience OMP so please DYOR and good luck to all long term investors
Why are there negative posters on here that seem to be here all day /evening 7 days a week posting nothing but negative comments . I am all for peoples different opinions either for or against any share on here but cant get my head around consistent posting all day long trying to bring a share down . Surely if you felt that way about a certain share why waste so much of your time commenting .As an investor in many shares ,some long term ,some not so long I would not waste my time or efforts in a share that is going nowhere ,its just pointless .i would simply look for a better share to invest in?? got to ask yourself therefore what is their true agenda .?